NEW YORK, Aug. 6 (Xinhua) — U.S. stocks finished mixed on Friday after a stronger-than-expected employment report.
The Dow Jones Industrial Average rose 144.26 points, or 0.41 percent, to 35,208.51. The S&P 500 was up 7.42 points, or 0.17 percent, to 4,436.52. The Nasdaq Composite Index fell 59.36 points, or 0.40 percent, to 14,835.76.
Seven of the 11 primary S&P 500 sectors ended in red, with consumer discretionary down 0.73 percent, leading the laggards. Financials climbed 2.01 percent, the best-performing group.
U.S.-listed Chinese companies traded mostly lower with eight of the top 10 stocks by weight in the S&P U.S. Listed China 50 index ending the day on a downbeat note.
U.S. employers added 943,000 jobs in July despite a surge in COVID-19 Delta variant cases, with unemployment rate dropping to 5.4 percent, the U.S. Labor Department reported Friday. Economists polled by The Wall Street Journal had forecast 845,000 new jobs.
The latest data followed upwardly revised job growth of 938,000 in June and upwardly revised increase of 614,000 in May, according to the report released by the department’s Bureau of Labor Statistics.
In July, job gains were notable in leisure and hospitality, in local government education, and in professional and business services, the report showed.
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