Wall Street Stocks See Little Change
(NEW YORK) — Stocks saw little movement Friday as the session closed mostly unchanged.
The Dow Jones Industrial Average closed down 15 points at 14,922.50. The Nasdaq Composite added a point to close at 3,660.01, and the S&P 500 gained a fraction of a point, finishing at 1,655.17.
The possibility of a military strike in Syria loomed over the markets with investors focusing their attention on Washington, experts said.
“What the market’s really going to do is monitor a lot of the statements that come out of not only the White House, but a lot of the congressional offices over the next few days…cause it’ll give a better feel as to what’s truly going to happen,” said J.J. Kinahan with T.D. Ameritrade.
August proved to be slow for job growth in the U.S., according to a Labor Department report, with 169,000 jobs added in the last month. Though the unemployment rate dropped to 7.3 percent from July’s 7.4 percent, the number of jobs created in June and July were revised downward.
In a recent change for home mortgages, jumbo mortgage interest rates are now the same, or in some instances, lower than traditional home loans.
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