Wall Street falls in the introduction – Business World

The US stock markets traded lower on Friday. Important employment statistics presented, which seemed to weigh down the market index. LinkedIn raged in its interim report.

“Our gut feeling did not say whether this is good or bad news because it is not really in line with expectations. But it is especially exciting to see that the unemployment rate came in at 4.9 percent, “said Erik Davidsson at Wells Fargo. It wrote CNBC.

Large companies index Dow Jones Industrial Average was at 16:03 down by 0.3 percent to 16,368. The broader index S & amp; P 500 fell by 0.5 percent to 1,906 while the technology-heavy Nasdaq composite lost 1.1 percent to 4,459.

The interest rate on the ten-year bond was up 1 basis points to 1.88 percent while trettioårsräntan up 2 basis points to 2.72 percent.

the US employment report for January showed a rise less than expected in employment with only 151,000 new jobs, against the expected 190,000. The revised figures for November and December took each other out.

The unemployment rate came in at 4.9 percent, against 5.0 percent that was expected. In December, the low level of 5.0 percent.

“The increase in employment of 151,000, combined with the low unemployment rate is likely to be seen as a sign of a continued, albeit slow, improvement in the labor market by the Fed” Nordea wrote in a market commentary.

the dollar strengthened after the jobs report.

Linkedin presented his interim late last night. The report showed a loss in the fourth quarter by 6 cents per share, compared with a positive 2 cents per share a year ago.

The company’s forecast for 2016 was moreover weaker than expected. The adjusted profit for the full year is forecast to land at 3.05-3.20 dollars, compared with market expectations as low at $ 3.67.

Several brokerages have today lowered the recommendation on LinkedIn, including JP Morgan and RBC Capital Markets. LinkedIn traded at lunchtime in New York, 40 percent lower.

The forestry company Weyerhaeuser reports a decline in adjusted income of 24 cents per share from 27 cents the same period the year before. In the market were also expectations of 24 cents. The share was down 1.8 percent.

Among other shares, traded Tyson Foods’ 12.2 percent higher. The company raised its full-year forecast, which seemed to support the stock.

Later in the day, at 19.00 Swedish time, presented oil rig data across North America.