Reacting to Jobs Data, Oil and Stock Markets Close Lower
(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.
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