US stocks fall amid jobs data, trade tensions

IANS  |  New York 

US stocks closed lower as investors digested a slew of economic data amid global trade tensions.

The on Friday decreased 79.33 points, or 0.31 per cent, to 25,916.54. The was down 6.37 points, or 0.22 per cent, to 2,871.68, reported.

The Composite Index dipped 20.18 points, or 0.25 per cent, to 7,902.54.

The Dow declined with and among the worst performers. Shares of both companies dropped more than 1 per cent at the close.

Ten of the 11 primary sectors traded lower with and utilities leading the laggards. The posted its fourth straight loss.

Fears of intensifying global trade disputes continued to dent market sentiment, experts noted.

Wall Street also paid close attention to the latest jobs data.

The US added 201,000 jobs in August, and the unemployment rate was unchanged at 3.9 per cent, the Labor Department said on Friday.

--IANS

pgh/

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sat, September 08 2018. 05:16 IST