Nasdaq Down, Dow Jones and S&P Stagnant Pressed on Labor Data

ILLUSTRATION. In addition to sluggish job growth data, investors fear policymakers will fail to agree on other fiscal policies to boost the economy. Even though it is important to be a benchmark so that the US can avoid a recession due to the V effect

KONTAN.CO.ID – NEW YORK (Reuters). At the end of the week, the Nasdaq closed lower as data released for a sharp slowdown in job growth in the United States (US). Meanwhile, the two other major Wall Street indexes, namely the Dow Jones and S&P, were closed tending to remain stagnant on Friday (7/8) New York time.

The Dow Jones rose 46.5 points or 0.17% to 27,433.48 while the S&P 500 rose 2.12 points, or 0.06%, to 3,351.28. The Nasdaq fell 97.09 points or 0.87% to 11,010.98.