The Middletown Press (Middletown, CT)

Stocks end mostly lower even as tech drives Nasdaq higher


Stocks closed mostly lower on Wall Street Friday following a weak jobs report, but gains for a handful of Big Tech companies allowed the Nasdaq composite to sneak in another record high. The benchmark S&P 500 ended down less than 0.1 percent. The Dow Jones Industrial Average lost 0.2 percent and the Nasdaq rose 0.2 percent. The Dow ended the week lower but other major indexes posted weekly gains. The weakness Friday came after the Labor Department reported that U.S. employers created far fewer jobs than expected last month. Travel companies fell. Cruise operators Carnival Corp. and Royal Caribbean each lost 4 percent.

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