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

U.S. stocks opened lower as investors weighed a jobs report that was slightly stronger than forecast. The Dow Jones Industrial Average DJIA was down 0.1% soon after the opening bell, while the S&P 500 SPX slipped 0.2% and the Nasdaq Composite COMP shed 0.4%, according to FactSet data, at last check. The U.S. Bureau of Labor Statistics said Friday the economy added 199,000 jobs in November while the unemployment rate fell to 3.7% from 3.9%. Economists polled by the Wall Street Journal had forecast a total 190,000 were added last month. In the bond market, the yield on the 10-year Treasury note was up about six basis points at around 4.21%, according to FactSet data, at last check. 

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

Previous post U.S. payrolls rose 199,000 in November, unemployment rate falls to 3.7%
Next post : Treasury yields jump after November data show solid job gains, drop in unemployment rate