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The Boston Globe

Business

Snapshot

Apple, fiscal cliff weigh on investors

Apple spoiled the market’s party Friday. Stocks shot higher after the government said the country added jobs in November. But Apple, which has been flailing recently, dragged down the indexes that it’s part of. The Dow, which doesn’t include ­Apple, rose. The jobless rate fell to 7.7 percent from 7.9 percent. The overall report painted a more restrained view of the economy. All the while, efforts by Congress and the White House to strike a deal on government spending and tax rates before Jan. 1 hung over the market. Traders have been indecisive. In the 22 trading days since the presidential election, the Dow has been up 11 and down 11.

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