Stock futures fall, Treasury yields rise as Wall Street weighs jobs data

Stock futures fall, Treasury yields rise as Wall Street weighs jobs data

U.S. stocks tumbled early Friday as the government’s key employment reading showed the labor market grew at a slower pace in September.

The U.S. economy added 263,000 jobs last month as the unemployment rate fell to 3.5%. Economists expected a payroll gain of 255,000 and for unemployment to hold at 3.7%.

Futures tied to the S&P 500 (^GSPC) dropped 0.7%, while futures on the Dow Jones Industrial Average (^DJI) shed more than 100 points, or 0.4%. Nasdaq Composite (^IXIC) futures led the way…


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