Summary
NEW YORK -- Uncertain investors pushed stocks lower in a meandering session Friday as a key government jobs report failed to answer Wall Street's lingering questions about the economy and interest rates. The major indexes ended the first week of 2005 with a loss.
Investors were unsure how to read the latest Labor Department job creation report, which showed 157,000 jobs created in December -- fewer than the 175,000 expected, but still high enough to show continued growth in the labor market and hopefully stave off inflation and higher interest rates from the Federal Reserve.See the full content of this document
Extract
First Week Ends in Losses
But with wage growth slipping, according to the Labor Department, and a wave of corporate earnings releases due n...
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