Wall St opens down after strong jobs report
A strong monthly jobs report heightened expectations the US Federal Reserve could raise interest rates sooner than anticipated.
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Traders work on the floor of the New York Stock Exchange
U.S. stocks opened lower on Friday, with the S&P 500 on track for a second week of declines, as a strong monthly jobs report heightened expectations the U.S. Federal Reserve could raise interest rates sooner than anticipated.
The Dow Jones industrial average fell 80.27 points, or 0.44 percent, to 18,055.45, the S&P 500 lost 6.25 points, or 0.3 percent, to 2,094.79 and the Nasdaq Composite dropped 12.06 points, or 0.24 percent, to 4,970.75.
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First Published: Mar 06 2015 | 8:05 PM IST