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Wall Street dips due to slowing employment growth, US-China tensions

The Labor Department's closely watched report showed non-farm payrolls increased by 1.76 million in July

Topics
Wall Street | US job data | US China

Sagarika Jaisinghani & Ambar Warrick | Reuters 



Wall Street
Traders work on the floor of the New York Stock Exchange shortly after the opening bell in New York. Reuters

The S&P 500 pulled back from near six-month highs on Friday as data showed a sharp slowdown in US employment growth and President Donald Trump cranked up friction with Beijing with moves to ban WeChat and TikTok.

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First Published: Fri, August 07 2020. 20:48 IST

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