by Luzi Ann Santos | moomoo News
A sea of red engulfed the U.S. stock market Friday as non-farm payrolls data signaled continued strength in the labor market, weakening the case for the Federal Reserve to start cutting interest rates.
Decliners outnumbered gainers about 2.5-1, with utilities, materials, real estate leading losses. Financials advanced.   The tech-heavy $Nasdaq Composite Index (.IXIC.US)$ declined 0.2% to 17133.126, while th...