S&P dips; pharmacy shares slide on Amazon threat
NEW YORK (Reuters) - The S&P 500 dipped on Friday, breaking an eight-day streak of gains, as the first monthly decline in U.S. nonfarm jobs in seven years dampened sentiment while pharmacy shares declined on fear of competition from Amazon.
The Dow Jones Industrial Average fell 1.72 points, or 0.01 percent, to 22,773.67, the S&P 500 lost 2.74 points, or 0.11 percent, to 2,549.33 and the Nasdaq Composite added 4.82 points, or 0.07 percent, to 6,590.18.
For the week, the Dow gained 1.6 percent, the S&P added 1.2 percent and the Nasdaq rose 1.45 percent.
(Reporting by Caroline Valetkevitch; Editing by Nick Zieminski)
Disclaimer: No Business Standard Journalist was involved in creation of this content