U.S. stocks closed down today as investors took in a key report on the state of the labor market’s recovery, which showed solid labor market conditions but still have concerns over the Federal Reserve’s ability to bring down inflation while maintaining solid economic activity.
Dow Jones finished -99 at 32,899
S&P 500 finished -24 at 4,123
NASDAQ finished -173 at 12,144
The 10 Year Treasury closed up 6 basis points yielding 3.13%
Oil prices closed up $2.29 ending at $110.55 a barrel.
Gold prices closed up $6.30 ending at $1,882 an ounce.
In the days’ stock news:
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U.S. stocks dropped sharply today as investors digested a key...