U.S. stocks open lower after stronger-than-expected jobs report

U.S. stocks opened lower Friday after a stronger-than-expected jobs report. The Dow Jones Industrial Average was down 0.1% soon after the opening bell, while the S&P 500 fell 0.4% and the Nasdaq Composite dropped 0.9%, according to FactSet data, at last check. The U.S. Bureau of Labor Statistics said Friday that 372,000 jobs were added in June and the unemployment rate stood unchanged at 3.6%. Economists polled by the Wall Street Journal had forecast 250,000 new jobs.

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