Stocks Open Lower as Jobs Growth Remains Strong

U.S. stocks edged lower following the latest labor-market data showed that employers added more jobs than expected in June.

The S&P 500 slipped 0.4% Friday morning, a day following the benchmark index jumped 1.5% to log a fourth consecutive gain, its longest winning streak since March. The Dow Jones Industrial Average pared its slim gains and slipped 0.1%. The tech-focused Nasdaq Composite Index lost 1%.

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