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Wall Street opens lower and bond yields sink following weak hiring numbers and new tariffs
NEW YORK (AP) — Stocks are opening lower on Wall Street and Treasury yields are falling sharply after the government reported a sharp slowdown in hiring last month. Markets are also reacting early Friday to the latest tariff news. The S&P 500 fell 1% in the first few minutes of trading.
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U.S. stocks were drastically lower on Friday, while yields tumbled after the latest jobs data. Read more here.
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More last-minute modifications to tariff rates and a disappointing July jobs report weighed heavily on investors on Friday.
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