Wall St. choppy after robust jobs data

U.S. stocks were mixed in choppy trading on Friday as a stronger-than-expected May jobs report strengthened the view that the U.S. Federal Reserve will raise rates as early as September. The strong jobs data indicated that economic growth was gaining traction after coming to a standstill in the first quarter, but Wall Street took a dim view as a rate hike could increase the cost of borrowing. Traders are now betting the Fed will start raising interest rates as soon as October, and will make a se