U.S. stocks open down after stronger-than-forecast jobs report

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U.S. stocks opened lower Friday as investors assessed a stronger-than-anticipated jobs report. The Dow Jones Industrial Average undefined was down 0.4% soon...

U.S. stocks opened lower Friday as investors assessed a stronger-than-anticipated jobs report. The Dow Jones Industrial Average DJIA, -0.46% was down 0.4% soon after the opening bell, while the S&P 500 SPX, -0.84% fell 1.1% and the Nasdaq Composite COMP, -1.06% dropped 2%, according to FactSet data, at last check. The U.S.

Bureau of Labor Statistics said Friday that 517,000 jobs were created in January while the unemployment rate was little changed at 3.4%. Economists polled by The Wall Street Journal had forecast 187,000 new jobs last month. Treasury yields jumped after the jobs report, with the yield on the two-year Treasury note up 14 basis points at 4.23% and 10-year yields rising 10 basis points to 3.5%, FactSet data show, at last check.

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Dow and S&P 500 updates: Stock market news todayThe US job market is expected to have remained strong in January, adding 185,000 jobs. That's about on par with America's average monthly job growth over the past decade, but it would represent a slowdown from the strong post-pandemic gains of the past couple years. And Republicans will again say their greatest Shoutout! 'Its fake, fake fake fake! Republicans wants to make americans miserable so they can play the 'blame-game'... as usual Politics Can someone tell me where the recession is I'm still trying to find it...😄 We’ll duh…most illegal came here to work.
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