U.S. stocks traded mostly lower this morning, with the Dow Jones falling more than 100 points on Friday.
Following the market opening Friday, the Dow traded down 0.30% to 45,481.66 while the NASDAQ rose 0.03% to 21,714.31. The S&P 500 also fell, dropping, 0.19% to 6,489.56.
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Leading and Lagging Sectors
Materials shares jumped by 0.8% on Friday.
In trading on Friday, financial stocks fell by 1.3%.
Top Headline
The U.S. economy added just 22,000 jobs in August, down sharply from July’s 79,000 and far short of the 75,000 economists had expected.
The unemployment rate edged up to 4.3% from 4.2%, in line with forecasts. Wage growth remained steady: average hourly earnings rose 0.3% on the month and 3.7% year-over-year, cooling from July’s 3.9%.
Equities Trading UP