U.S. Equities, Oil And Gold Hammered After Upbeat Jobs Report

Good economic news is bad news for U.S. equities, at least in Friday trading: the U.S. economy added 295,000 jobs in February, 55,000 more than analysts were expecting, but the interest-rate implications of this strong report sent the markets into a tizzy in Friday trading, with all three equity indices closing in negative territory. Commodities like gold and oil also saw their values battered in Friday trading, with gold recording its worst day of trading since December of 2013.