U.S. stocks edge lower on Syria strike, tepid jobs data

U.S. stocks closed fractionally lower on Friday in the wake of a U.S. airstrike in Syria and weak jobs data. The U.S. launched nearly 60 Tomahawk cruise missiles at a Syrian air base, marking the first large scale military operation by President Donald Trump. The Labor Department data also showed that the U.S. created only 98,000 new jobs in March, the smallest gain in nearly a year. Stocks had rebounded during the session to trade higher but failed to digest the selling pressure that emerged toward closing bell. The S&P 500 shed a point to close at 2,353. The Dow Jones Industrial Average fell 6 points to end at 20,656 while the Nasdaq Composite Index dropped a point to finish at 5,877.

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From:: Stock Market News

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