Wall Street closed lower on Friday as a stronger-than-expected US jobs report lifted expectations of a Federal Reserve rate hike this month. Investors now await next week's CPI and PPI data for clues on inflation and the Fed's policy path, while Lululemon and Adobe shares fell on company-specific developments.

US stocks rallied over 1% on Thursday as Fed Governor Christopher Waller's comments eased rate hike fears ahead of the US jobs report. The S&P 500, Nasdaq and Dow Jones all…

Stock Market Today: The Dow Jones index falls Friday on a surprise August jobs report. Lululemon stock plunges on earnings.

Wall Street closed lower on Friday as a stronger-than-expected US jobs report lifted expectations of a Federal Reserve rate hike this month. Investors now await next week's CPI…