Stocks slump after murky jobs report as markets swing

4/12/2021 6:17

        A week of volatile swings on Wall Street ended Friday with more losses for stocks, as a mixed batch of U.S. job market data triggered another bout of dizzying trading.
        
        The S&P 500 closed 0.8% lower after erasing a 0.7% gain in the early going.
        
        The benchmark index was coming off a jolting stretch where it swerved by at least 1.2% in five straight days, pounded by uncertainty about how badly the newest coronavirus variant will hit the economy and about when the Federal Reserve will halt its immense support for financial markets.
        
        The Dow slipped 0.2% and the Nasdaq composite lost 1.9%.