Major U.S. stock indexes end lower Friday, but still book weekly gains, despite slumping technology stocks, rising bond yields rose and disappointing job gains in September. However, Friday’s jobs report seems unlikely to delay Federal Reserve plans to reduce its bond purchases as the economy recovers from the pandemic.
Major U.S. stock indexes end lower Friday, but still book weekly gains, despite slumping technology stocks, rising bond yields rose and disappointing job gains in September. However, Friday’s jobs report seems unlikely to delay Federal Reserve plans to reduce its bond purchases as the economy recovers from the pandemic.