Live stock market news updates: Stocks slide after stronger-than-expected jobs report
U.S. stocks fell Friday morning after stronger-than-expected jobs data prompted investors to recalibrate their expectations around when the Federal Reserve will pause its rate hike campaign. The Labor Department’s monthly jobs report for November showed payrolls rose 263,000, more than expected, while unemployment held steady at 3.7%. Bloomberg expected an impression of 200,000 for the …
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