The Nasdaq Composite (^IXIC) leads losses for the major averages Friday morning as equities react to December’s jobs data, which saw an addition of 256,000 nonfarm payroll jobs, exceeding forecasts for 156,000. All three of the major averages opened the trading day in negative territory.
Morning Brief’s Brad Smith and Yahoo Finance markets and data editor Jared Blikre are also observing reactionary movements across sectors and in the Russell 2000 small-cap index (^RUT) and bond market (^TYX, ^TNX, ^FVX).
To watch more expert insights and analysis on the latest market action, check out more Morning Brief here.
This post was written by Luke Carberry Mogan.
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