Stock market today: Live updates
The Dow fell Friday as August payrolls grew 162,000, far exceeding the 53,000 forecast, fueling expectations the Fed may hike rates on Sept. 15-16. Treasury yields rose, with the 2-year hitting highs since January 2025, and fed funds traders priced a 58% chance of a hike. Despite Friday’s dip, major indexes are poised for weekly gains, though next week’s inflation data will likely decide the Fed’s move.
