ST: U.S. stocks dip after jobs report; utilities down
New York • Stocks are trading lower Friday morning as a three-day winning streak fades.
Utility companies, one of the best-performing sectors this year, took the largest losses.
The market is still on track for its third weekly gain in a row.
KEEPING SCORE: The Dow Jones industrial average fell 38 points, or 0.2 percent, to 16,906 as of 8:08 a.m. Mountain time. The Standard & Poor's 500 index shed six points, or 0.3 percent, to 1,987. The Nasdaq composite lost 18 points, or 0.4 percent, to 4,689. Stocks have ended higher the last two days after late-day rallies erased early losses.
New York • Stocks are trading lower Friday morning as a three-day winning streak fades.
Utility companies, one of the best-performing sectors this year, took the largest losses.
The market is still on track for its third weekly gain in a row.
KEEPING SCORE: The Dow Jones industrial average fell 38 points, or 0.2 percent, to 16,906 as of 8:08 a.m. Mountain time. The Standard & Poor's 500 index shed six points, or 0.3 percent, to 1,987. The Nasdaq composite lost 18 points, or 0.4 percent, to 4,689. Stocks have ended higher the last two days after late-day rallies erased early losses.