Stocks opened Friday’s trading session lower after the June jobs report topped expectations.
The US economy created 372,000 jobs in June while the unemployment rate held steady at 3.6% last month, data published Friday morning showed.
Following this report, stocks fell with the Nasdaq losing 1% at the market open, the benchmark S&P 500 down about 0.5%, and the Dow off around 0.2%.
Treasury yields were higher following this report, with two-year yields rising to 3.13%, further inverting the…
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