Stock Market Declines as Strong Jobs Report Fuels Fed Rate-Hike Bets
The U.S. stock market fell on Friday, with the S&P 500 dropping 0.7% and the Nasdaq Composite falling 1.2%, following a stronger-than-expected jobs report that increased expectations for a Federal Reserve rate hike this year.
Topics: fed_rate_hike_expectations jobs_report nasdaq s&p_500