Wall Street slips as jobs data arouses growth concerns

With job growth slowing for the last three months, economists said the Federal Reserve was now unlikely to raise interest rates this year. The report, the last before the Fed's meeting at the end of October, appeared to belie Fed Chair Janet Yellen's comment last week that the U.S. economy was strong enough to withstand a rate hike this year. "The Fed has to be off the table until 2016 now," said Jonathan Lewis, chief investment officer at Samson Capital Advisors in New York.