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But stocks finished well above their lows for the session, as investors noted the jobs report was affected by seasonal effects and the federal government shutdown. “As people take a step away from the headline number, they say, ‘Hey, this is just one report. The economy is likely not as weak as this one report would suggest’,” said Keith Lerner, Chief Market Strategist, SunTrust Advisory Services in Atlanta personalised cufflinks india. The Dow Jones Industrial Average fell 22.99 points, or 0.09 percent, to 25,450.24, the S&P 500 lost 5.86 points, or 0.21 percent, to 2,743.07 and the Nasdaq Composite dropped 13.32 points, or 0.18 percent, to 7,408.14..

The Nasdaq snapped a 10-week streak of weekly gains. The closely watched Dow Jones Transportation Average fell 0.5 percent, dropping for an 11th straight session, its longest streak of declines since 1972, according to S&P Dow Jones Indices. The recent pullback has paused a rally to start 2019 that has been fueled by optimism over a U.S.-China trade deal and by beliefs the Federal Reserve will be less aggressive in raising interest rates. The S&P 500 is up 9.4 percent this year personalised cufflinks india. “In the first part of the year, what we have largely done is clawed back what we lost in the fourth quarter that was based upon geopolitical and Federal Reserve fears that are now ebbing,” Schutte said..

Energy fell the most among the 11 major sectors, declining 2.0 percent as oil prices also fell. Exxon Mobil shares dropped 1.4 percent and were among the biggest drags on the S&P personalised cufflinks india. Utilities led gains among the sectors, while two other defensive groups, consumer staples and real estate, finished positive. In corporate news, Costco Wholesale shares rose 5.1 percent after the warehouse club operator’s quarterly profit topped estimates. Declining issues outnumbered advancing ones on the NYSE by a 1.35-to-1 ratio; on Nasdaq, a 1.21-to-1 ratio favored decliners..

NEW YORK (Reuters) – Global stocks lost ground on Friday and the dollar softened for the first time in eight sessions after a disappointing U.S personalised cufflinks india. payrolls report exacerbated concerns that the world economy was slowing. Global economic growth worries mounted as data in China showed exports shrank 20.7 percent in February from a year earlier while imports fell 5.2 percent. White House trade adviser Clete Willems said on Friday that Trump administration officials have not made any new plans to send a team to China for face-to-face trade talks, although negotiators have made progress..

U.S personalised cufflinks india. ambassador to China Terry Branstad told the Wall Street Journal that the two sides have yet to set a date for a summit as neither feels a deal is imminent. Compounding concerns was a U.S. payrolls report that fell well short of expectations, although other measures within the report were strong, sending mixed signals to investors. “The poor number indicates that we are suffering alongside the rest of the global economy and that it is having an impact on the U.S.,” said Paul Nolte, portfolio manager at Kingsview Asset Management in Chicago..