U.S. stocks end lower as jobs data tames rate-cut expectations

NEW YORK, Feb. 11 (Xinhua) -- U.S. stocks closed lower on Wednesday after the latest U.S. employment data showed stronger-than-expected job growth in January and dampened expectations for more Fed cuts.

The Dow Jones Industrial Average declined 66.74 points, or 0.13 percent, to 50,121.4. The S&P 500 slipped 0.34 points to 6,941.47. The Nasdaq Composite Index fell 36.01 points, or 0.16 percent, to 23,066.47.<