Wall Street Ends Mixed Following Strong Data on Wages, Jobs

Wall Street Ends Mixed Following Strong Data on Wages, Jobs
A street sign in front of the New York Stock Exchange in New York on June 14, 2022. Seth Wenig/AP Photo
The Associated Press
Updated:

Worries about inflation weighed on Wall Street Friday, leaving major indexes mixed after a report showed wages for U.S. workers are accelerating, which is good news for them but could feed into even higher inflation for the nation.

The S&P 500 ended 0.1 percent lower after having been down as much as 1.2 percent earlier in the day. The Nasdaq composite also trimmed its deficit, falling 0.2 percent, while the Dow Jones Industrial Average eked out a 0.1 percent gain. The indexes all notched gains for the week.