Wall St dips following sterling's fall

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Reuters NEW YORK
Last Updated : Oct 08 2016 | 1:48 AM IST

NEW YORK (Reuters) - U.S. stocks ended down slightly on Friday as a drop in the British pound injected volatility to markets, while a weaker-than-expected jobs report was not enough to derail expectations for a Federal Reserve rate hike before the end of the year.

Based on the latest available data, the Dow Jones industrial average was down 28.42 points, or 0.16 percent, to 18,240.08, the S&P 500 had lost 7.03 points, or 0.33 percent, to 2,153.74 and the Nasdaq Composite had dropped 14.45 points, or 0.27 percent, to 5,292.41.

(Reporting by Caroline Valetkevitch; Editing by Meredith Mazzilli)

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First Published: Oct 08 2016 | 1:39 AM IST

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