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Stocks fall after a surprisingly strong jobs report raises prospects of an interest rate hike

Stocks fall after a surprisingly strong jobs report raises prospects of an interest rate hike
Photo: Odessa American (oaoa.com) · view original

By ALEX VEIGA AP Business Writer U.S. stocks fell and Treasury yields rose Friday after the government reported that employers unexpectedly added 162,000 jobs last month, a development that could increase chances that the U.S. central bank will raise interest rates later this month. The S&P 500 f...

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