S&P 500, Dow slide after stronger-than-expected jobs report
The S&P 500 and the blue-chip Dow slipped Friday after a stronger-than-expected jobs report boosted bets on interest rate hikes later this month.
By Niket Nishant and Tharuniyaa LakshmiThe benchmark S&P 500 and the blue-chip Dow indexes slipped on Friday after a stronger-than-expected jobs report prompted investors to ramp up bets on interest rate hikes later this month.The data could give the Federal Reserve more room to focus on inflation…