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S&P 500 slips after August jobs beat lifts Fed hike odds

U.S. stocks fell Friday after August employment came in well above forecasts. The S&P 500 dropped 0.16% to 7,735.23, and the Dow Jones Industrial Average declined 0.33% to 53,509.63.

DJISPX

U.S. stocks moved lower Friday after August employment figures came in well above forecasts, shifting attention toward the Federal Reserve's next policy decision.The S&P 500 fell 0.16% to 7,735.23, while the Dow Jones Industrial Average declined 0.33% to 53,509.63.

The Nasdaq Composite slipped 0.04…