The Wall Street played around in both negative and positive terrain but ended mixed — and close to flat — on Friday after a volatile session. Economic data, however, continued to be bleak as the February jobs report indicated employers cut jobs by 6.51 lakh and unemployment climbed to a more-than-expected 8.1%, a 25-year high.
At close, the Dow Jones ended at 6,626 up 0.5% or 32.50 points. The S&P 500 ended in positive territory, though still below the 700 mark, at 683.38, up 0.83 points. The Nasdaq Composite Index ended lower by 0.4% at 1,293.
Commodity check
Oil rose over 4% on expectations that producer group OPEC could reduce output again outweighed weak
Gold put on some weight on safe-haven buying and topped the USD 940 per ounce mark. Silver gained too.
Copper prices rose, capping the second straight weekly gain on renewed optimism that demand will climb in
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