US stocks fall after jobs data

Economies.com
2021-12-03 15:37PM UTC

US stocks fell in early trading on Friday, after the release of monthly jobs report.

 

The highly contagious Omicron variant has appeared in more than 20 countries so far, as the US yesterday reported its second case but with mild symptoms so far.

 

The US Department of Labor reported today that the economy has added 210,000 new jobs in November, missing forecasts of 570,000 new jobs.

 

The unemployment rate fell to 4.2% from 4.6% in September, better than forecasts of 4.5%.

 

As for stocks, Dow Jones fell 0.4% or 145 points to 34,494 as of 15:35 GMT, S&P 500 fell 0.8% or 36 points to 4,541, and Nasdaq fell 1.6% or 252 points to 15,121.

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