Major US stock indices end lower amid strong jobs data

The three major U.S. stock indices ended lower on Friday amid strong jobs data. The Nasdaq Composite index plunged 1.6 percent, the S&P 500 lost one percent and the Dow Jones Industrial Average declined 0.4 percent. However, the S&P 500 posted a gain for the week to close near five-month high level. The Nasdaq also logged its fifth straight weekly rise which is longest such streak since late 2021. The S&P 500 gained earlier this week after comments that were more dovish t...