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Nonfarm payrolls grew 162,000 last month, far above the 53,000 economists expected, pushing fed funds futures traders to price in a 58% chance of a hike
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The Dow Jones Industrial Average fell Friday after August's jobs report came in well above forecasts, pushing traders to raise their bets on a Federal Reserve rate hike later this month.
The Dow shed around 150 points, or 0.3%, with the S&P 500 also dipping 0.1%. The Nasdaq $NDAQ Composite bucked the trend, ticking up 0.1%.
