Dow slips in New York after jobs data boosts rate-hike talk
Dow slips as jobs data lifts yields The Dow Jones Industrial Average traded lower Friday morning, giving up some of Thursday’s big move. A stronger U.S. jobs reading sent bond yields higher, and investors kept away from stocks seen as sensitive to easy Fed policy. The Dow stood at 51,452.31, down 109.62 points, or 0.21%, at 10:33 a.m. EDT, after ranging between 51,357.52 and 51,660.40.