Assessment of February Jobs Data Leads to Weekly Declines in U.S. Stocks

Friday, 8 March 2024, 21:45

U.S. stocks closed lower after investors analyzed the February jobs data, resulting in weekly declines for all three major indexes. The Dow Jones Industrial Average fell by 0.2%, while the S&P 500 and Nasdaq Composite also experienced losses. The market reaction emphasizes the significance of employment statistics and their impact on stock performance.
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Assessment of February Jobs Data Leads to Weekly Declines in U.S. Stocks

U.S. Stocks Close Lower After New Jobs Data | Weekly Declines

U.S. stocks ended lower on Friday as investors assessed February jobs data, with all three major indexes booking weekly declines.

Key Points:

  • Dow Jones: Fell 68.66 points, or 0.2%, closing at 38,722.69
  • S&P 500: Shed 33.67 points, or 0.7%, finishing at 5,123.69

The market experienced a decline in response to the latest jobs data, signaling the importance of economic indicators on stock movements.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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