Stocks slip at opening after US hiring slows

  • Article by: The Associated Press
  • Associated Press
  • September 5, 2014 - 8:40 AM

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.

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