The Los Angeles Business Journal’s index of the largest local public companies closed down for the week ended June 4 as investors reacted to a disappointing jobs report.

The weighted LABJ index closed down 1.1 percent to 116.48, with decliners outpacing gainers 141 to 37.

Among the largest decliners was construction company Tutor Perini Corp., which fell 17.5 percent to $18.31 despite news that casino operator MGM Mirage was moving closer to finally paying Perini and other contractors that helped build the $8.5 billion CityCenter complex in Las Vegas.

Van Nuys apparel and shoe brand licensing company Cherokee Inc. dropped 11.6 percent to $18.49 after reporting that its fiscal first quarter income fell more than 23 percent due to higher expenses and lower royalty revenue.

Guess Inc. ended the week down 11.4 percent to $33.81 after the Los Angeles clothing company reported higher first quarter profit, but gave guidance below Wall Street expectations.

Companies related to consumer products and services were among the hardest hit from Friday’s jobs-related market decline. That included Carson-based U.S. Auto Parts Network Inc., which provides of automotive aftermarket parts, fell 12 percent to $7.35. DineEquity Inc., the Glendale parent of the IHOP and Applebee’s restaurant chains, dropped 11.5 percent to $30.55.

Among the biggest gainers was Pasadena nanotechnology developer Arrowhead Research Corp., which soared 30.6 percent to $1.85 after finalizing an agreement with Tokyo Electron to develop manufacturing equipment for carbon nanotube based displays and solar cells.

Los Angeles biotech Abraxis Bioscience Inc. jumped 24 percent to $55.03 after reporting promising results from a drug trial.