To The Moon

Wall Street Ends Down After Stunning Jobs Growth Raises Fed Questions Reuters 2023-02-04 07:06 NASDAQ12006.955-1.59% Ford13.17-0.45%Post Alphabet104.74-0.04%Post * Nasdaq posts 5th straight weekly gain * U.S. reports blowout job data; unemployment lowest since 1969 * Megapcap earnings reactions: Apple up; Amazon, Alphabet slump * Ford Motor drops on downbeat outlook * Indexes down: Dow 0.38%, S&P 1.04%, Nasdaq 1.59% Feb 3 (Reuters) - Major U.S. stock indexes ended lower on Friday after surprisingly strong jobs data sparked concerns about aggressive Federal Reserve action, while investors digested a mixed bag of megacap company earnings reports. The S&P 500 still posted a gain for the week, which included a string of major market events, and stood not far from five-month