NEW YORK (AP) — U.S. stocks fell in early trading Friday, after a solid jobs report kept alive the possibly that the Federal Reserve will raise interest rates as soon as next month.
KEEPING SCORE: The Dow Jones industrial average lost 35 points, or 0.2 percent, to 17,384 as of 10:09 a.m. Eastern. The Standard & Poor’s 500 index lost three points, or 0.2 percent, to 2,079 and the Nasdaq composite fell 25 points, or 0.5 percent, to 5,030.
US JOBS: U.S. employers added a solid 215,000 jobs in July, signaling a steadily rising job market and providing a key piece of data for the Fed in its assessment of whether the economy can withstand higher interest rates.