Down Day Up Week

Friday’s session closed out in the red zone. Bank of America and JPMorgan Chase led the downswing. Stocks traded lower amid lingering eurozone concerns. Meanwhile, monthly employment data was better than expected. The Labor Department said the economy added 103,000 jobs in September. The result exceeded expectations of 50,000 new jobs. Additionally, the unemployment rate remained at 9.1%. On another note, crude oil added 39 cents to settle at $82.98 a barrel. Looking ahead, earnings season kicks off next week with quarterly details from aluminum titan Alcoa.
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