AGL 39.01 Decreased By ▼ -0.99 (-2.48%)
AIRLINK 128.98 Decreased By ▼ -0.08 (-0.06%)
BOP 6.72 Decreased By ▼ -0.03 (-0.44%)
CNERGY 4.74 Increased By ▲ 0.25 (5.57%)
DCL 8.42 Decreased By ▼ -0.13 (-1.52%)
DFML 41.00 Increased By ▲ 0.18 (0.44%)
DGKC 81.50 Increased By ▲ 0.54 (0.67%)
FCCL 32.61 Decreased By ▼ -0.16 (-0.49%)
FFBL 74.94 Increased By ▲ 0.51 (0.69%)
FFL 11.70 Decreased By ▼ -0.04 (-0.34%)
HUBC 109.40 Decreased By ▼ -0.18 (-0.16%)
HUMNL 13.61 Decreased By ▼ -0.14 (-1.02%)
KEL 5.24 Decreased By ▼ -0.07 (-1.32%)
KOSM 7.69 Decreased By ▼ -0.03 (-0.39%)
MLCF 38.70 Increased By ▲ 0.10 (0.26%)
NBP 63.80 Increased By ▲ 0.29 (0.46%)
OGDC 193.00 Decreased By ▼ -1.69 (-0.87%)
PAEL 25.64 Decreased By ▼ -0.07 (-0.27%)
PIBTL 7.35 Decreased By ▼ -0.04 (-0.54%)
PPL 154.50 Decreased By ▼ -0.95 (-0.61%)
PRL 25.50 Decreased By ▼ -0.29 (-1.12%)
PTC 17.30 Decreased By ▼ -0.20 (-1.14%)
SEARL 79.39 Increased By ▲ 0.74 (0.94%)
TELE 7.69 Decreased By ▼ -0.17 (-2.16%)
TOMCL 33.67 Decreased By ▼ -0.06 (-0.18%)
TPLP 8.59 Increased By ▲ 0.19 (2.26%)
TREET 16.10 Decreased By ▼ -0.17 (-1.04%)
TRG 58.70 Increased By ▲ 0.48 (0.82%)
UNITY 27.50 Increased By ▲ 0.01 (0.04%)
WTL 1.40 Increased By ▲ 0.01 (0.72%)
BR100 10,412 Decreased By -32.7 (-0.31%)
BR30 31,015 Decreased By -174.1 (-0.56%)
KSE100 98,164 Increased By 366 (0.37%)
KSE30 30,629 Increased By 148.4 (0.49%)

imageNEW YORK: Wall Street stocks Friday finished lower as worsening tensions over Ukraine overshadowed a US labor report that showed surprisingly strong jobs growth.

At the closing bell, the Dow Jones Industrial Average fell 46.81 points (0.28 percent) to 16,512.06.

The broad-based S&P 500 shed 2.72 (0.14 percent) to 1,880.96, while the tech-rich Nasdaq Composite Index declined 3.55 (0.09 percent) to 4,123.90.

Stocks rose just after the Labor Department said the US economy added 288,000 jobs in April, far above the 210,000 projected by analysts.

But headlines on Ukraine rattled investors. Russia warned Ukraine of "catastrophic consequences" unless it halted a military operation against pro-Russian secessionists.

The crisis spread to the southern city of Odessa, where 38 people died in an arson attack against a trade union building after a day of violent clashes between pro-Russian and pro-Ukrainian militants

President Barack Obama, speaking at the White House after meeting with German Chancellor Angela Merkel, threatened "severe sanctions" if Russia did not alter course.

"This Ukraine thing keeps grinding along and it doesn't appear it's going to end anytime soon," said Brent Schutte, market strategist at BMO Global Asset Management.

"People are worried this could turn into something a little bit bigger."

Comments

Comments are closed.