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Markets

Dow Jones Dips Below 9900

After unemployment report.

A better-than-expected jobs report wasn't enough to keep the Dow Jones swimming above a crucial mental threshold. The index dipped below 10,000 on Friday morning for the first time since November. But it didn't stop there: The selloff continued into the afternoon, with the Dow briefly falling under 9,900 before recovering a bit. The unemployment rate fell to 9.7 percent in January, the lowest level since last August; but, the job-loss figures for December also almost doubled to 150,000 from an earlier estimate of 85,000.

Read it at The Wall Street Journal

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