Wall Street closes lower on robust jobs data, more hawkish Fed bets
U.S. stocks fell Friday after a robust jobs report increased the probability the Federal Reserve will raise its key interest rate at this month’s monetary policy meeting. All three major indexes closed lower in a broad selloff.
By Stephen Culp and Niket NishantWall Street dipped on Friday as a robust jobs report raised the probability that the U.S.
Federal Reserve will increase its key interest rate at this month's monetary policy meeting.All three major U.S. indexes closed lower amid a broad selloff ahead of the three-da…