Stocks have quiet session to close out strong week Stocks finished with modest gains as investors weighed the somewhat lackluster monthly jobs report against the odds that the Federal Reserve will cut rates again later this month. The quiet session closed out a strong week for the market, which got a boost from a thawing in trade relations between the U.S. and China. ECONOMIC EVENTS: In the U.S., nonfarm payrolls increased 130,000 in August, the unemployment rate was steady at 3.7% for a third straight month and average hourly earnings growth slowed slightly to 3.23% year-over-year from 3.28% in the last report. In China, the PBOC announced that the required reserve ratio for all banks will be lowered by 0.5 percentage points, taking effect September 16. The reserve ratio for some city commercial banks will be cut by one percentage point, in two steps on October 15 and November 15. TOP NEWS: New York Attorney General Letitia James released a statement confirming the "bipartisan coalition" she's leading investigating Facebook (FB) for antitrust issues. The team investigating Facebook also includes attorneys general of Colorado, Florida, Iowa, Nebraska, North Carolina, Ohio, Tennessee, and the District of Columbia. Shares of the social media giant finished the day 1.8% lower. In other antitrust news, The Wall Street Journal reported that the Department of Justice has launched an antitrust probe into Ford (F), Honda (HMC), BMW (BMWYY) and Volkswagen (VWAGY), which forged an independent agreement with California on vehicle-emissions standards. The Justice Department is looking to determine if the automakers violated federal competition law by agreeing with each other to follow tailpipe-emissions standards beyond those proposed by the Trump administration, according to the report. Shares of Lululemon Athletica (LULU) gained 7.8% after the yogawear maker reported quarterly results that several Wall Street analysts called "impressive." MAJOR MOVERS: Among the other noteworthy gainers following earnings reports are DocuSign (DOCU), which rose 21.7%, and Zumiez (ZUMZ), which advanced 11.3%. Also higher was Mallinckrodt (MNK), which gained 17.6% after announcing a settlement in principle with two counties in Ohio in connection with lawsuits pending in multidistrict opioid litigation in the U.S. District Court for the Northern District of Ohio. "Resolving the Track 1 Cases gives us the necessary time to continue to work towards a global resolution of the opioid lawsuits," said Mallinckrodt General Counsel Mark Casey. Among the notable losers was Domo (DOMO), which plunged over 37% and was downgraded to Neutral by Credit Suisse analyst Brad Zelnick after the company's "underwhelming" fiscal Q2 results. Also lower was Stewart Information Services Corporation (STC), which declined almost 7% after the Federal Trade Commission issued an administrative complaint seeking to block the company's previously announced proposed merger with Fidelity National Financial (FNF). INDEXES: The Dow rose 69.31, or 0.26%, to 26,797.46, the Nasdaq lost 13.75, or 0.17%, to 8,103.07, and the S&P 500 added 2.71, or 0.09%, to 2,978.71. Symbols: $FB $F $HMC $BMWYY $VWAGY $LULU $DOCU $MNK $ZUMZ $DOMO $FNF $STCSource: (thefly.com)Disclosure: I may trade in the ticker symbols mentioned, both long or short. My articles represent my personal opinion and analysis and should not be taken as investment advice. Readers should do their own research before making decisions to buy or sell securities. Trading and investing include risks, including loss of principal. If you liked this article, please click the LIKE (thumbs up) button. Feel free to leave any comments, question, or opinions. (Sign-up if you haven't already done so). Follow us/bookmark us and check back occasionally for additional articles or comments on our page... Wild Tiger Trading - start/main page.