S&P drops as strong jobs data raise rate hike fears, techs buoy Nasdaq

September 7, 2018 admin Business News Comments Off on S&P drops as strong jobs data raise rate hike fears, techs buoy Nasdaq

The S&P 500 and Dow Industrials dropped on Friday after strong August jobs data raised concerns about the possibility of faster interest rate hikes, but a rebound in chip stocks helped the Nasdaq trade higher.

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Source:: Reuters – Business News