Dow ends well off Friday's low, Nasdaq falls 1.8% and all 3 major stock-market indexes post weekly losses in wild week

Dow ends well off Friday's low, Nasdaq falls 1.8% and all 3 major stock-market indexes post weekly losses in wild week
·1 min read

U.S. stock benchmarks closed lower Friday, but managed to finish off the day's worst levels, as investors wrestled with weaker-than-expected November jobs report. The Labor Department report showed that a mere 210,000 new jobs were created in the U.S. in November, well below estimates from economists polled by The Wall Street Journal for a gain of 573,000 new jobs. However, analysts say the lackluster jobs gain isn't likely to alter the Federal Reserve's plan to accelerate the scaling back of it

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