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U.S. stocks fall up to 0.51% after strong jobs data

  • U.S. stocks declined after unexpectedly strong jobs data complicated the Federal Reserve policy outlook.
  • 0.51%: Dow fell 271.86 points to 53414.25.
  • S&P 500 and Nasdaq Composite also fell, by 0.38% and 0.29%, respectively.

U.S. stocks declined after surprisingly strong jobs data muddied the outlook for Federal Reserve policy. The Dow Jones Industrial Average fell 271.86 points, or 0.51%, to 53414.25. The S&P 500 dropped 29.11 points, or 0.38%, to 7718.60, while the tech-heavy Nasdaq Composite shed 77.07 points, or 0.29%, to 26506.99.

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