(CNBC) U.S. stocks closed mostly lower on Friday after data showed the labor market experienced its first contraction in seven years.
The Dow Jones industrial average fell 6 points, with Chevron and Boeing contributing the most to the losses.
The S&P 500 declined 0.1 percent, with consumer staples and telecommunications leading decliners. The index also snapped an eight-day winning streak — its longest in four years — and also ended a streak of six straigh record closes, the longest such streak since 1997.
Advertisement - story continues below
The Nasdaq composite eked out a small gain, rising 0.07 percent.