Stock Market

Dow falls by about 400 points as stock market takes a fresh leg lower late-morning Friday – MarketWatch

The Dow Jones Industrial Average was trading near session lows late-morning Friday, with investors focusing on nagging worries on trade relations between the U.S. and China. The Dow

DJIA, -1.62%

most recently was down 391 points, or 1.6%, at 24,549, the S&P 500 index

SPX, -1.55%

traded 1.5% lower at 2,656, while the Nasdaq Composite Index

COMP, -1.95%

retreated 1.9% at 7,052. The moves follow a jobs report that showed that 155,000 jobs were created in November, while the unemployment rate remained at the 3.7%, the lowest since 1969. For the week, the Dow is set to drop 3.9%, the S&P 500 is on track for a 3.8% decline, while the Nasdaq is poised for a weekly drop of 3.7%.

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