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Marketwatch today

Stocks moved lower and the dollar is gaining!

That was influenced by fresh labor-market data that supports the case for an aggressive Federal Reserve approach

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Major U.S. stock indexes slipped early Thursday after strong jobs data supported the case for further Federal Reserve tightening.

The S&P 500 lost 0.7%. The Dow industrials fell 0.8%, or about 280 points.

The Nasdaq Composite dipped 0.9%.

The 10-year U.S. Treasury yield was at 3.767% from late Wednesday’s 3.709%.


Image:Wall Street