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Wall St dips following sterling's fall

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Reuters NEW YORK

NEW YORK (Reuters) - U.S. stocks ended down slightly on Friday as a drop in the British pound injected volatility to markets, while a weaker-than-expected jobs report was not enough to derail expectations for a Federal Reserve rate hike before the end of the year.

Based on the latest available data, the Dow Jones industrial average <.DJI> was down 28.42 points, or 0.16 percent, to 18,240.08, the S&P 500 <.SPX> had lost 7.03 points, or 0.33 percent, to 2,153.74 and the Nasdaq Composite <.IXIC> had dropped 14.45 points, or 0.27 percent, to 5,292.41.

(Reporting by Caroline Valetkevitch; Editing by Meredith Mazzilli)

Disclaimer: No Business Standard Journalist was involved in creation of this content

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First Published: Oct 08 2016 | 1:39 AM IST

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