U.S. stocks end sharply lower as trade concerns linger

U.S. stocks finished sharply lower on Friday as trade concerns and a downbeat U.S. jobs report saw the S&P and Nasdaq post their biggest weekly declines since Mar. 23. The S&P 500 SPX, -2.33% ended the day down 2.3%, the Nasdaq Composite Index COMP, -3.05% shed 3.1% and the Dow Jones Industrial Average DJIA, -2.24% lost about 550 points, or 2.2%. Tech giants Apple Inc., AAPL, -3.57% Alphabet Inc., GOOG, -3.01% and Amazon Inc. AMZN, -4.12% all ended Friday down more than 3%. Earlier in the session the Labor Department said the U.S. economy added 155,000 jobs in November. Economists polled by MarketWatch had forecast an increase of 190,000.

error: Content is protected !!