Reported 6 months ago
Stocks closed slightly lower on Friday, but the DJI, GSPC, and IXIC all posted weekly gains driven by the stronger-than-expected May employment report showing the US added 272,000 jobs, exceeding economists' forecasts of 180,000. The market saw a mixed picture with the Dow trading slightly higher at 3 p.m. before dipping later, while the S&P 500 and NASDAQ also saw minor declines. Financials led the sector action, with tech and industrials following. This article was summarized by Stephanie Mikulich.
Source: YAHOO