Stocks turn lower as rate fears rise after strong jobs report

Stocks turned negative after the Labor Department’s February jobs report handily exceeded expectations, reaffirming the building momentum in the economic recovery, but also stoking a rise in Treasury yields and concerns over an economic overheating.

The S&P 500 dipped, and the Dow gained fell into negative territory after rising earlier in the session. The Nasdaq erased earlier gains and fell another 1.5%, pacing toward a fourth straight session of steep declines. The index has erased its…


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[unable to retrieve full-text content]European Stocks Drop With US Tech Rally Faltering: Markets Wrap  Yahoo Finance …

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