US Close 10 Sep 18: US stocks fall on strong jobs data

US sharemarkets were weaker on Friday. The positive jobs data raised the prospect of higher interest rates later in the month. There was no progress on US-China trade talks. Shares in Apple fell 0.8% on reports that additional tariffs could affect its products. The US is preparing to lift tariffs on an additional US$267 billion of Chinese goods. The Dow Jones index fell by 79 points or 0.3%. The S&P 500 index fell by 0.2% and the Nasdaq lost 20 points or 0.3%. Over the week the Dow lost 0.2%, the S&P 500 fell by 1% and the Nasdaq lost 2.6%.

 

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