Stocks fall after a surprisingly strong jobs report raises prospects of an interest rate hike
β’ Wall Street stocks fell and Treasury yields rose during early trading following a stronger-than-expected U.S. jobs report. β’ The government reported that U.S. employers added 162,000 jobs to their payrolls last month. β’ Strong employment data increases the likelihood that the Federal Reserve will raise interest rates to combat inflation.
orlandosentinel.com