The stock market fell for the first time in five days as traders looked ahead to a key report on the U.S. job market. Stocks had been rising on increased optimism that U.S. economy is poised to strengthen after a winter slowdown. On Thursday, Barnes & Noble plunged 14 percent after Liberty Media said it was selling most of its stake in the bookseller. The S&P’s index of biotechnology stocks fell 1.6 percent, dragging down the health care sector.
The Dow Jones industrial average fell 0.45 points, or less than 0.1 percent, to 16,572.55.
The Standard & Poor’s 500 index declined 2.13 points, or 0.1 percent, to 1,888.77.
The Nasdaq composite dropped 38.72 points, or 0.9 percent, to 4,237.74.
For the week:
The Dow is up 249.49 points, or 1.5 percent.
The S&P 500 has risen 31.15 points, or 1.7 percent.
The Nasdaq is up 81.98 points, or 2 percent.
For the year:
The Dow Jones industrial average is down 4.11 points, or 0.02 percent.
The Standard & Poor’s 500 index is up 40.41 points, or 2.2 percent.
The Nasdaq composite is up 61.15 points, or 1.5 percent.