Wall Street closed lower on Friday as a stronger-than-expected US jobs report lifted expectations of a Federal Reserve rate hike this month. Investors now await next week’s CPI and PPI data for clues on inflation and the Fed’s policy path, while Lululemon and Adobe shares fell on company-specific developments.
Read more at the source
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and credits belong to the original authors and publishers.