U.S. stocks closed lower Friday after the release of key employment data. In U.S. economic news, jobs grew by 161,000 last month, while economists expected an increase of 175,000. The unemployment rate stood at 4.9 percent – in line with expectations – as investors got to digest the final payrolls report before Tuesday's presidential election. The dollar fell against a basket of currencies. Light sweet crude oil for December delivery dropped 1.32 percent to $44.07 per barrel on the New York Mercantile Exchange, while gold futures climbed $1.20 to $1,304.50 per ounce. The Dow Jones industrial average lost 26.53, or 0.15 percent, to 17,904.14. The broader Standard & Poor's 500 index decreased 0.86, or 0.04 percent, to 2,087.36. The technology-heavy Nasdaq composite index declined 6.80, or 0.13 percent, to 5,051.78.