The Associated Press

NEW YORK - Technology stocks led Wall Street lower Friday after an uninspiring employment report failed to mitigate investors' concerns over Intel Corp.'s profit outlook. The major indexes finished the week mixed.

Investors were satisfied with - but not impressed by - the Labor Department's latest reading on unemployment, which fell to 5.4 percent from 5.5 percent in July, and the 144,000 jobs created in August was close to the 150,000 Wall Street expected.

Profit warnings from Intel weighed on the market, hurting not only technology shares but also raising concerns about third-quarter earnings in other sectors. The tech-focused Nasdaq composite index dropped 28.95, or 1.6 percent, to 1,844.48.