NEW YORK: Stocks ended an unusual storm-shortened trading week with a selloff on Friday, as major indexes erased early gains sparked by a stronger-than-expected payrolls report.
Energy stocks were a drag on the market after Chevron Corp, the second-largest U.S. oil company, posted a profit that missed expectations. The stock fell 2.9 percent to $108.26 and was one of the biggest drags on the Dow industrials.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
