U.S. stocks open on a hesitant note Friday, the announcement of monthly figures of employment than expected failed to allay concerns about the economic and financial situation of the euro area.
In early trade, the Dow Jones drops 0.14% (17 points) at 12,400 points. The Standard & Poor’s, largest, fell by 0.1% (1 point) to 1279 points while the Nasdaq composite is at equilibrium (0.02%) or 2670 points.
Job creation outside the agricultural sector amounted to 200,000 last month in the United States, while the market was expecting 150,000. In addition, the unemployment rate fell to 8.5% of the workforce, a three-year low, against 8.7% in November.
Values, Alcoa drops 2.3%. The first U.S. producer of aluminum will reduce its global capacity by 12%.
Specific situations, the pharmaceutical company Durect sees his tumble over 26%. Its experimental treatment against the post-operative pain has not fulfilled the main goal in the final phase of clinical testing. Other smaller penny stocks were also on the rise. Investors when feeling speculative for fast gains over coming weeks turn to these companies.
