NEW YORK (AP) — Stocks closed lower following mixed reports about the U.S. job market and profits at two of Wall Street's most influential stocks.
The S&P 500 fell 0.5% Friday, its fourth straight loss. The Dow Jones Industrial Average lost 150 points, or 0.4%, and the Nasdaq composite fell 0.4%.
Treasury yields sank after the government said hiring was a touch weaker last month than expected. That could help keep pressure off high inflation.
Amazon jumped after reporting a much bigger profit than expected. Apple slumped after reporting revenue that just barely topped forecasts.