US stocks have dropped, following European equity markets lower, after a mixed jobs report and another decline in oil prices. The Dow Jones Industrial Average sank 170.50 points (0.95 per cent) to 17,737.37, concluding a volatile week in which the blue-chip index registered triple-digit moves all five days. The broad-based S&P 500 fell 17.33 (0.84 per cent) to 2,044.81, while the tech-rich Nasdaq Composite Index lost 32.12 (0.68 per cent) at 4,704.07. The US economy added a solid 252,000 jobs in December, but analysts expressed worries at weak wage growth.
Argonaut | The Natural Choice in Resources.
© 2024 Argonaut.