Why the Dow Jones Was Down Today
January 09, 2015 at 17:33 PM EST
The Dow Jones plummeted 170 points Friday on mixed data about the U.S. employment market and a renewed plunge in oil prices. Although the U.S. jobs report indicated the unemployment rate fell to 5.6%, wages also fell across the board. Hourly wages slipped by five cents in December, erasing November's gains. The post Why the Dow Jones Was Down Today appeared first on Money Morning - Only the News You Can Profit From .