Reacting to Jobs Data, Oil and Stock Markets Close Lower


0  Updated at 3:00 pm, July 6th, 2012 By: ABC Digital
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Hemera/Thinkstock(NEW YORK) — All three major stock indices ended the day lower.

The Dow Friday closed at 12,772, down 124 points or 0.96 percent. The S&P and NASDAQ ended the day lower as well, down 13 points and 39 points, respectively.

Meanwhile, oil settled at $84.45 a barrel in New York trading Friday, down $2.77 for the day. As a weak U.S. job market raises concerns about demand, drivers should look for gas prices to follow the lower crude oil price.

Copyright 2012 ABC News Radio

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