Stocks moved between gains and losses on Friday as better-than-expected jobs data partially offset lingering tensions between China and the U.S., as well as ongoing coronavirus stimulus negotiations.
The Dow Jones Industrial Average traded 34 points lower, or 0.12%. The S&P 500 hovered around the flat line and the Nasdaq Composite was down 0.36%.
President Donald Trump issued on Thursday executive orders to address “the threat posed” by Chinese apps TikTok and WeChat. As part of the order, any transaction with ByteDance and Tencent, the parent companies of TikTok and WeChat, respectively, will be barred in 45 days.
