U.S. stock exchanges mostly fell on inflation and labor market statistics

The major U.S. stock indexes ended Friday mostly in decline, helped by economic statistics. The Dow Jones and S&P 500 were down 0.15% and 0.083% respectively, the NASDAQ rose 0.12%. Inflation in the country rose 0.1 percentage points in May compared to the previous month, amounting to 8.7%. At the same time, there was an increase in nonagricultural employment by 372,000 in June, which was better than analysts' forecasts (268,000). The unemployment rate remained unchanged. The strong labor market data, which usually stimulates growth on the stock market, now leads to opposite results - investors are afraid of tight monetary policy of Fed, softening of which should not be expected in case of successful indicators, especially against the background of growing inflation. In Europe indices closed Friday with growth of 0,44% - 1,34%, in the Asia-Pacific region they showed multidirectional dynamics.