Dow Tumbles Over 100 Points Amid Mixed Market Conditions and Strong Job Growth
The Dow Jones index fell over 100 points on Friday, while U.S. stocks traded mixed.
The Dow dropped 0.24% to 53,559.76, but the NASDAQ gained 0.04% to 26,595.11.
The S&P 500 also declined, down 0.08% to 7,741.67.
In a surprise move, the U.S. economy added 162,000 jobs in August, beating estimates of 56,000 and indicating strengthening labor market conditions.