Stocks on Wall Street ended lower after September hiring numbers came in well below forecasts
For the week, the S&P 500 rose 0.8%, the Dow added 1.2% and the Nasdaq gained 0.1%.and other big banks among the first to post results. Investors are focused on global supply chain problems and labor shortages.Analysts on average expect S&P 500 earnings per share for the quarter to be up almost 30%, according to Refinitiv.
Declining issues outnumbered advancing ones on the NYSE by a 1.24-to-1 ratio; on Nasdaq, a 1.52-to-1 ratio favored decliners.
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