Morning Report 6 Sep 21: US sharemarkets were mixed on Friday

The disappointing lift in jobs in August raised concerns about the pace of economic recovery, but stemmed calls for a paring back (or tapering) of bond purchases. Tech stocks rose but bank stocks fell. The Dow Jones index fell by 75 points or 0.2%. The S&P 500 index lost 1.5 points or less than 0.1%. But the Nasdaq index rose by 32 points or 0.2% to a record high. Over the week, the Dow fell 0.2%; the S&P 500 rose by 0.6%; and the Nasdaq rose by 1.6%.

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