[Breaking] Strong Employment Leads to New York Stock Market Closing Lower... Nasdaq Down 1.47%

[Asia Economy New York=Special Correspondent Joselgina] Major indices of the U.S. New York stock market closed lower on the 5th (local time) due to stronger-than-expected employment data and tightening messages from the Federal Reserve (Fed).

On this day in the New York stock market, the Dow Jones Industrial Average fell 1.02% compared to the previous session. The large-cap focused S&P 500 index dropped 1.17%, and the tech-heavy Nasdaq index closed down 1.47%.