• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Why did a $154 billion CEO just endorse stripping most Americans of voting rights—and taking us back to the 19th century?

2

eBay will pay nearly $50 million after employees reportedly sent a Massachusetts couple a bloody pig mask, cockroaches and death threats

3

Current price of oil as of July 28, 2026

1

Why did a $154 billion CEO just endorse stripping most Americans of voting rights—and taking us back to the 19th century?

2

eBay will pay nearly $50 million after employees reportedly sent a Massachusetts couple a bloody pig mask, cockroaches and death threats

3

Current price of oil as of July 28, 2026
Finance

Wall Street Is Dropping on Syria Airstrikes and Weak Jobs Data

By
Reuters
Reuters
Down Arrow Button Icon
By
Reuters
Reuters
Down Arrow Button Icon
April 7, 2017, 10:40 AM ET
Add Fortune on Google for similar content.

U.S. stocks dipped in volatile trading on Friday morning as a disappointing U.S. jobs report added to investors’ nervousness following a U.S. missile strike on Syria.

U.S. employers added about 98,000 jobs in March, the lowest in 10 months and well below economists’ expectation of 180,000. The report from the Labor Department was an outlier among a spate of recent positive economic data.

Financial stocks were hit the most. The S&P 500 financial index was down 0.4 percent, led by banks.

The United States fired several missiles late on Thursday at an airfield in Syria from which a deadly chemical attack was launched earlier this week.

That news of the attack sent global stocks lower, with the S&P 500 futures index falling as much as 0.5 percent. But most of the losses were pared back after U.S. officials described the attack as a one-off that would not lead to wider escalation.

“You are still at all-time highs and a disappointing headline number gives them (investors) a reason for a quick knee-jerk reaction like that,” said Sean Lynch, co-head of global equity strategy at Wells Fargo Investment Institute in Omaha.

“But it wouldn’t surprise me at all if we gain a little momentum back because this number doesn’t portray an economy that is in trouble or slowing down and investors will start to look through that.”

At 9:56 a.m. ET the Dow Jones Industrial Average was down 31.67 points, or 0.15 percent, at 20,631.28, the S&P 500 was down 4.09 points, or 0.17 percent, at 2,353.4 and the Nasdaq Composite was down 15.16 points, or 0.26 percent, at 5,863.80.

Defense stocks jumped on news of the U.S. missile strike. Raytheon, which makes the Tomahawk cruise missiles used in the strike, was up 3.1 percent. Lockheed Martin was up 1.4 percent.

Declining issues outnumbered advancers on the NYSE by 1,549 to 1,052. On the Nasdaq, 1,595 issues fell and 764 advanced.

The S&P 500 index showed eight 52-week highs and no new lows, while the Nasdaq recorded 23 highs and 14 lows.

About the Author
By Reuters
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Finance

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • TikTok icon
  • YouTube icon

Latest in Finance

Sisters sitting on a porch
Economyhome ownership
The American Dream has given way to the ‘Great Postponement,’ an Ivy League professor says, where achieving doesn’t rely on hard work anymore
By Eleanor PringleJuly 29, 2026
50 minutes ago
orla
Commentarybenefits
The Benefits Activation Gap: what claims data teaches us about employee engagement
By Orla NixonJuly 29, 2026
1 hour ago
Today’s top high-yield savings rates: Up to 4.50% on July 29, 2026
Personal FinanceSavings accounts
Today’s top high-yield savings rates: Up to 4.50% on July 29, 2026
By Glen Luke FlanaganJuly 29, 2026
2 hours ago
Top CD rates today, July 29, 2026: Lock in up to up to 4.45%
Personal FinanceCertificates of Deposit (CDs)
Top CD rates today, July 29, 2026: Lock in up to up to 4.45%
By Glen Luke FlanaganJuly 29, 2026
2 hours ago
Top CD rates from major banks July 29, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
Personal FinanceCertificates of Deposit (CDs)
Top CD rates from major banks on July 29, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
By Joseph HostetlerJuly 29, 2026
3 hours ago
Current price of Bitcoin for July 29, 2026
Personal FinanceCryptocurrency
Current price of Bitcoin for July 29, 2026
By Joseph HostetlerJuly 29, 2026
3 hours ago

Most Popular

Why did a $154 billion CEO just endorse stripping most Americans of voting rights—and taking us back to the 19th century?
C-Suite
Why did a $154 billion CEO just endorse stripping most Americans of voting rights—and taking us back to the 19th century?
By Nick LichtenbergJuly 27, 2026
2 days ago
eBay will pay nearly $50 million after employees reportedly sent a Massachusetts couple a bloody pig mask, cockroaches and death threats
Law
eBay will pay nearly $50 million after employees reportedly sent a Massachusetts couple a bloody pig mask, cockroaches and death threats
By The Associated Press and Leah WillinghamJuly 28, 2026
15 hours ago
Current price of oil as of July 28, 2026
Personal Finance
Current price of oil as of July 28, 2026
By Joseph HostetlerJuly 28, 2026
1 day ago
The millennial generation is split in 2: an older crowd with boomer-style comfort, a younger set going 'back to the early 1900s'
Real Estate
The millennial generation is split in 2: an older crowd with boomer-style comfort, a younger set going 'back to the early 1900s'
By Nick LichtenbergJuly 25, 2026
4 days ago
The brutal math behind Gen Z's lonely weekends: $15 drinks are driving a generational 'spending hangover'
Economy
The brutal math behind Gen Z's lonely weekends: $15 drinks are driving a generational 'spending hangover'
By Nick LichtenbergJuly 28, 2026
22 hours ago
No. 1 on the Fortune Global 500: Amazon's Jeff Bezos on how his garage startup became the largest company in the world by revenue
Magazine
No. 1 on the Fortune Global 500: Amazon's Jeff Bezos on how his garage startup became the largest company in the world by revenue
By Kristin StollerJuly 28, 2026
1 day ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.