Stocks Closed Lower after Jobs Report

U.S. stocks closed lower on Friday, after the economy added fewer than expected jobs in September. The Dow Jones Industrial Average fell 28.01 points, or 0.15%, to 18,240.49. The S&P 500 declined 7.03 points, or 0.33%, to 2,153.74. The Nasdaq Composite slipped 14.45 points, or 0.27%, to 5,292.40. For the week, both the Dow and the Nasdaq declined 0.4%, while the S&P 500 fell 0.7%.

Federal Reserve Vice Chairman Stanley Fischer said U.S. job creation was continuing at a pace “fully consistent” with lower unemployment, but continued to contrast with a weak overall economic expansion.

Oil futures settled back under the $50-a-barrel level Friday, but still scored their third weekly gain in a row as traders eyed comments from crude producers ahead of an informal meeting at an energy forum that begins this weekend. November West Texas Intermediate crude fell by 63 cents, or 1.3%, to settle at $49.81 a barrel. December Brent crude shed 58 cents, or 1.1%, to $51.93 a barrel.

Qatar Airways announced Friday one of the largest orders in the airline’s history on Friday, announcing an aircraft deal with Boeing that would be worth more than $18 billion at list prices. Qatar Air committed to buy 30 of the 787-9 “Dreamliner” and 10 of the 777-300ER, which would have a total value of $11.7 billion at list prices.

Verizon is pushing for a $1 billion discount off its pending $4.8 billion agreement to buy Yahoo, several sources told The Post exclusively.