Major U.S. stock-indexes sharply lower on Friday after data showing a surge in wages in January and an eight-year low unemployment rate kept the prospects of a Fed rate hike alive this year. Nonfarm payrolls increased by 151,000 jobs last month, below the 190,000 expected by economists polled by Reuters as the boost to hiring from unseasonably mild weather faded. Despite the expected slowdown in job growth, the unemployment rate fell to 4,9%, the lowest since February 2008, and average hourly earnings increased 0,5%, suggesting the labor market recovery remains firm.
Most of Dow stocks in negative area (24 of 30). Top looser – NIKE, Inc. (NKE, -4,62%). Top gainer – Verizon Communications Inc. (VZ, +0,99%).
All S&P sectors in negative area. Top looser – Technology (-3,0%).
At the moment:
Dow 16137.00 -191.00 -1.17%
S&P 500 1878.00 -29.75 -1.56%
Nasdaq 100 4042.50 -113.25 -2.73%
Oil 31.69 -0.03 -0.09%
Gold 1155.70 -1.80 -0.16%
U.S. 10yr 1.88 +0.02
The post Wall Street. Major U.S. stock-indexes fell appeared first on forex-analytics.press.