Stocks end lower after mixed jobs data as tech sinks again
Stocks end lower after mixed jobs data as tech sinks again
By STAN CHOE, DAMIAN J. TROISE and ALEX VEIGA
Stocks closed lower and Treasury yields rose Friday with much of Wall Street anticipating that the Federal Reserve will raise interest rates as soon as March despite a mixed report on the U.S. jobs market.
The downbeat finish capped the worst week for the S&P 500 technology sector since October 2020 and the biggest weekly drop for the tech-heavy…