Stocks - Dow Reverses Course, Loses 130 After Hitting 29,000 By Investing.com https://www.investing.com/news/stock-market-news/stocks--dow-reverses-course-loses-130-after-hitting-29000-2057246 Investing.com – The Dow wiped out gains and ended lower after hitting a historic level in intraday trading Friday, pressured by a downturn in financials as Treasury yields fell sharply on a weaker jobs report. The S&P 500 lost 0.29%, while the Nasdaq Composite fell 0.27% and the Dow Jones Industrial Average slumped 0.46%. The Dow reversed course after hitting 29,000 for the first time. The U.S. created 145,000 jobs last month, undershooting economists' forecast of 164,000. The jobs report also showed weak wage inflation, pressuring Treasury yields, which led to a slump in financials, mostly banks. JPMorgan (NYSE: JPM ) and Citigroup (NYSE: C ) fell about 1%, while Goldman Sachs (NYSE: GS ) ended the day just below the flatline. Falling U.S. Treasury yields weigh