Stocks post losses ending roller coaster week
U.S. stocks finished the session lower in another choppy session as traders digested a mixed jobs report along with hawkish comments from Federal Reserve Bank of St. Louis President James Bullard.
Bullard, who will be a voting member of the Fed next year, highlighted the “unexpected inflation shock in the U.S.” as monetary policy remains “very accommodative” in a speech.
“These considerations suggest, on balance, that the Federal Open Market Committee should remove monetary policy accommodation,” he said.
Ticker | Security | Last | Change | Change % |
---|---|---|---|---|
I:DJI | DOW JONES AVERAGES | 34580.08 | -59.71 | -0.17% |
SP500 | S&P 500 | 4538.43 | -38.67 | -0.84% |
I:COMP | NASDAQ COMPOSITE INDEX | 15085.471504 | -295.85 | -1.92% |
The Dow Jones Industrial Average fell over 57 points or 0.17%,