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These 2 Stocks Weighed the Nasdaq Down Friday

These 2 Stocks Weighed the Nasdaq Down Friday

Investors looked ready to start the weekend early on Friday, as the Nasdaq Composite (NASDAQINDEX: ^IXIC) moved lower by more than 1% as of 11 a.m. ET. The Nasdaq and other indexes fell after the Bureau of Labor Statistics reported strong jobs growth for the month of November, raising fears that the Fed wouldn't loosen its monetary policy stance as quickly as some had begun hoping. Marvell Technology (NASDAQ: MRVL) was down significantly after the semiconductor company reported its latest financial results, while the declines for restaurant favorite Cracker Barrel Old Country Store (NASDAQ: CBRL) were even steeper.