Stock market finishes flat after wild start
THE ASSOCIATED PRESS September 6, 2013 8:22AM
Stocks drifted lower Friday after a weak August jobs report. | AP Photo
Updated: September 6, 2013 3:19PM
NEW YORK — The stock market is ending flat after a morning of wild swings.
Traders weighed a weak jobs report for August and tensions between the U.S. and Syria on Friday.
The Standard & Poor’s 500 index rose less than a point, or 0.01 percent, to close at 1,655.17. The Dow Jones industrial average ended down 14 points, or 0.1 percent, at 14,922.50. It was down as much as 148 points shortly after trading began. The Nasdaq composite rose one point, or 0.03 percent, to 3,660.01.
The yield on 10-year Treasury notes fell as investors anticipated that the Federal Reserve would keep up its bond purchases to help the economy. The yield dropped to 2.93 percent from 3 percent late Thursday.
U.S. employers added 169,000 jobs last month, fewer than economists expected.