Wall Street opens lower after August jobs data
The Dow Jones industrial average fell 205.71 points, or 1.26%
 "A Wall St. sign is seen outside the entrance of the New York Stock Exchange in New York's financial district")
A Wall St. sign is seen outside the entrance of the New York Stock Exchange in New York's financial district
US stocks opened lower on Friday after the August jobs report showed moderate job growth and the lowest unemployment rate in more than seven years, increasing chances the Fed could raise interest rates sooner rather than later.
The Dow Jones industrial average fell 205.71 points, or 1.26 percent, to 16,169.05, the S&P 500 lost 23.48 points, or 1.2 percent, to 1,927.65 and the Nasdaq composite dropped 55.43 points, or 1.17 percent, to 4,678.07.
Don't miss the most important news and views of the day. Get them on our Telegram channel
First Published: Sep 04 2015 | 7:06 PM IST