Why the November Jobs Report Sent Wall Street Lower Friday

Why the November Jobs Report Sent Wall Street Lower Friday

The stock market moved lower on Friday morning, and the biggest impact came from the release of the latest government report on the employment situation. When markets opened, major market benchmarks dropped as much as 1.5% in the first half hour of trading. Based on the reaction from the markets, it would be reasonable for investors to assume that there was some sort of bad news in the jobs report.