WLDN - Investor Sentiment Falls Following Jobs Data Dow Records Weekly Loss | Benzinga
The CNN Money Fear and Greed index showed a decline in the overall market sentiment, with the index remaining in the "Greed" zone on Friday.
U.S. stocks closed lower on Friday, following the release of jobs data for the month of February. All three major indices closed the week lower, with the S&P 500 falling 0.26% and the blue-chip Dow declining 0.93%.
Nonfarm payrolls beat economist estimates, coming at 275,000 in February compared to the expected 200,000. The unemployment rate rose from 3.7% to 3.9%, surprising estimates of 3.7%. Average hourly wages grew at a 0.1% monthly pace in February, easing from the downwardly revised 0.5% growth in January, and below the expected 0.3%.