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“The U.S. has been the best house in a lousy neighborhood and maybe that is changing.”. 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 tiffany cufflinks airplane. While stocks on Wall Street were lower, a late day rally helped curb losses and major indexes ended near session highs. For the week, the Dow and S&P ended down 2.2 percent while the Nasdaq lost 2.5 percent. The Dow suffered a loss for its eleventh straight session, the longest losing streak since April 1972, according to S&P Dow Jones Indicies..
The February data out of Beijing and mixed U.S. payrolls numbers came on the heels of a move by the European Central Bank to slash growth forecasts as it unveiled a new round of policy stimulus on Thursday. The worries knocked European stock markets lower where the STOXX 600 index suffered its biggest daily percentage drop in a month and worst week this year tiffany cufflinks airplane. The pan-European STOXX 600 index lost 0.89 percent and MSCI’s gauge of stocks across the globe shed 0.58 percent. MSCI’s index was on pace for its worst week since late December..
After the mixed messages in the jobs report, the dollar weakened for the first time in eight sessions. The Swedish crown fell to a 16-year low, before reversing course, as the Riksbank joined its central bank counterparts in Europe and Canada in adopting a cautious outlook. The dollar index fell 0.31 percent, with the euro up 0.36 percent to $1.1232. U.S. Treasury debt yields were lower in the wake of the payrolls report tiffany cufflinks airplane. Benchmark 10-year notes last rose 3/32 in price to yield 2.6267 percent, from 2.636 percent late on Thursday..
NEW YORK (Reuters) – Oil prices fell about 1 percent on Friday after disappointing U.S. job growth revived concerns about a slowing global economy and weaker demand for oil. With surging U.S. oil supply also unsettling markets, Brent crude futures fell 56 cents, 0.8 percent, to settle at $65.74 a barrel. The international benchmark gained 1 percent for the week. U.S. West Texas Intermediate (WTI) crude futures fell 59 cents, or 1 percent, to settle at $56.07 a barrel. WTI still ended 0.5 percent higher for the week, however tiffany cufflinks airplane.
U.S tiffany cufflinks airplane. job growth almost stalled in February, with the economy creating only 20,000 jobs amid a contraction in payrolls in construction and several other sectors. The report dragged down U.S. stock markets, along with oil futures. [.N]. Financial markets also took a hit after comments on Thursday from European Central Bank President Mario Draghi that the European economy was in “a period of continued weakness.”. “If we see equity markets continue to sink, it will eventually drag energy prices lower with it,” said Brian LaRose, a technical analyst at United-ICAP..