S&P 500, Dow look set lower after hotter jobs data
S&P 500 and the Dow were set for a lower open Friday after a hotter-than-expected jobs reading boosted expectations the Federal Reserve could hike rates this month, following a Labor Department report showing 162,000 jobs added.
By Niket Nishant and Tharuniyaa LakshmiThe S&P 500 and the Dow were set for a lower open on Friday after a hotter-than-expected jobs reading prompted investors to amplify bets the Federal Reserve could hike interest rates this month.A Labor Department report showed the U.S. economy added 162,000 jo…