Stocks slip at opening after US hiring slows - KAUZ-TV: Newschannel 6 Now | Wichita Falls, TX

Stocks slip at opening after US hiring slows

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  • NationalMore>>

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By The Associated Press

The stock market is opening slightly lower after U.S. employers added fewer jobs than expected in August.

Bonds jumped on the news. The yield on the 10-year Treasury fell to 2.42 percent. It was 2.45 late Thursday.

The Dow Jones industrial average fell six points to 17,061 shortly after the opening bell Friday.

The Standard & Poor's 500 stock index eased less than a point to 1,997.

The Labor Department reported the U.S. employers added 142,000 jobs last month, ending six straight months of hiring above 200,000.

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

  • InternationalMore>>

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