Dow Jones, S&P 500 and Nasdaq Composite advanced on a weekly basis

The US stock market weakened this Friday pressured by the news that US President Donald Trump has contracted COVID-19 and data showing a slowdown in recovery in the battered US labor market. The Dow Jones Industrial Average fell almost 0.5% while the Nasdaq Composite dropped 2.2%, capping the week up nearly 1.5%. The Standard & Poor’s 500 weakened about 1% to close out the five-day period 1.5% higher. According to the official release, the US added 661K new jobs in September, much worse than the 850K expected. The positive news is that the unemployment rate in the same period ticked