Wall Street Closing

U.S. stocks fell sharply Friday, with all three major indexes reporting losses, as oil prices jumped to more than $104 a barrel.
World markets finished mixed Friday, with European stocks closing lower as oil prices rose, and with Asian markets ending sharply higher.
In U.S. economic news, the Labor Department said the U.S. economy added 192,000 jobs in February, meeting expectations, and the unemployment rate fell to 8.9 percent - a nearly two-year low.
Meanwhile, the Commerce Department said factory orders rose 3.1 percent in January, making it the biggest gain since September 2006. Economists were expecting factory orders to rise 2 percent.
The U.S. dollar rose versus the euro and the yen.
Light sweet crude oil for April delivery rose $2.70 to $104.64 a barrel on the New York Mercantile Exchange.
Gold futures rose $12.20 to $1,428.60 an ounce.
The Dow Jones industrial average fell 88.32, or 0.7 percent, to 12,169.88, with Verizon and United Technologies Corporation posting the biggest losses.
The broader Standard & Poorâ€TMs 500 index fell 9.82, or 0.7 percent, to 1,321.15. The technology-heavy Nasdaq composite index fell 14.07, or 0.5 percent, to 2,784.67