Stocks slip after job creation falls short - Fox Business

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The Labor Department releases the December 2021 jobs report. FOX Business' Cheryl Casone with more.

U.S. stocks fell after employers added fewer workers than expected last month. 

The Dow Jones Industrial Average fell over 40 points or 0.11%, while the S&P 500 and Nasdaq Composite dipped 0.08% and 0.2%, respectively. 

Ticker	Security	Last	Change	Change %
I:DJI	DOW JONES AVERAGES	36329.63	+93.16	+0.26%
SP500	S&P 500	4689.4	-6.65	-0.14%
I:COMP	NASDAQ COMPOSITE INDEX	14992.923118	-87.94	-0.58%

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Nonfarm payroll employment rose by 199,000 in December less than the 400,000 economists were expecting even as the unemployment rate dipped to 3.9%. "Leisure and hospitality, in professional and business services, in manufacturing, in construction, and in transportation and warehousing" added workers according to the Labor Department. 

Bonds continued to climb. The yield on the 10-year Treasury rose to 1.73%, the highest level since March. 

FED, OPEC'S PUNY PRODUCTION MOVES PUSHES OIL TO $80

Oil briefly topped the $80 per barrel level putting oil producers on the radar. 

Ticker	Security	Last	Change	Change %
USO	UNITED STATES OIL FUND L.P.	56.54	-0.35	-0.62%
BNO	UNITED STS BRENT OIL FD LP UNIT	21.91	-0.06	-0.27%
XOM	EXXON MOBIL CORP.	69.00	+0.68	+0.99%
CVX	CHEVRON CORP.	125.00	+1.74	+1.41%

JOBLESS CLAIMS TICK UP TO 207,000 BUT REMAIN NEAR HALF-CENTURY LOW

In stocks, shares of GameStop Corp jumped after a Wall Street Journal report said the retailer is launching a division to develop a marketplace for nonfungible tokens (NFTs) and establish cryptocurrency partnerships.

GAMESTOP SHARES SURGE ON PLANS TO ENTER NFT AND CRYPTOCURRENCY MARKETS

Ticker	Security	Last	Change	Change %
GME	GAMESTOP CORP.	137.85	+6.82	+5.20%

Big tech signaled a recovery from several days of selling with Apple, Amazon and Microsoft higher. 

Ticker	Security	Last	Change	Change %
AAPL	APPLE INC.	172.24	+0.24	+0.14%
AMZN	AMAZON.COM INC.	3,252.27	-12.81	-0.39%
MSFT	MICROSOFT CORP.	314.15	+0.27	+0.09%

Separately, Apple CEO Tim Cook may nearly $100 million in compensation last year, per SEC filings. 

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Ford continued to climb after, earlier this week, it announced it would double the production of its F-150 Lightning. 

Ticker	Security	Last	Change	Change %
F	FORD MOTOR CO.	24.45	-0.01	-0.02%

Shares of Papa Johns are higher after announcing plans for an aggressive rollout in South China with plans to open 1,350 new stores by 2040.

Ticker	Security	Last	Change	Change %
PZZA	PAPA JOHN'S INTERNATIONAL INC.	129.35	+3.43	+2.72%

and in cryptocurrencies, Bitcoin continued its free-fall now trading around the $41,000 level, a five-month low. 

The move hitting crypto-related exchange-traded funds and stocks.  

Ticker	Security	Last	Change	Change %
BITO	PROSHARES TRUST BITCOIN STRATEGY ETF	26.29	-0.99	-3.63%
BITQ	EXCHANGE TRADED CONCEPTS TRUST BITWISE CRYPTO INNOVATORS E	18.86	-0.28	-1.49%
COIN	COINBASE GLOBAL INC.	232.06	-1.94	-0.83%
MSTR	MICROSTRATEGY INC.	484.27	-14.35	-2.88%

In Europe, London's FTSE was gaining less than 0.1%, Germany's DAX fell 0.3% and France's CAC declined 0.1%.

In Asia, Tokyo's Nikkei 225 index edged less than 0.1% lower, the Hang Seng in Hong Kong jumped 1.8% and China's Shanghai Composite index shed early gains to fall 0.2%.

A resurgence of coronavirus outbreaks has added to uncertainties over a revival of tourism and other business activity across Asia.

FOX Business' Ken Martin and The Associated Press contributed to this report.

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