Stocks pull lower after wavering earlier; crude oil climbs
By STAN CHOE AP Business Writer
NEW YORK (AP) — Stocks are falling in morning trading on Wall Street, putting the S&P 500 on track for its third down week in the last four. But the losses are much milder than what’s rocked investors the last couple months. The government reported that more than 700,000 jobs were lost last month, but investors were fully expecting to see dismal jobs numbers. The S&P 500 and other major U.S. stock indexes were down close to 1% after earlier flipping between gains and losses. Gains for oil moderated in the morning, which undercut an early-morning rally for energy stocks.
Stocks pull lower after wavering earlier; crude oil climbs
