U.S. Stocks Decline as Payrolls Report Fuels Rate Speculation
Jobs Report Offers U.S. 10-Year, Dollar/Yen Boost
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U.S. stocks fell, with the Standard & Poor’s 500 Index tumbling the most in two months, as better-than-forecast jobs data fueled speculation the Federal Reserve is moving closer to raising interest rates.
Apple Inc. added 0.2 percent, after an earlier 2.3 percent jump, as the company will be added to the Dow Jones Industrial Average, replacing AT&T Inc., which slumped 1.5 percent.