Stocks take a breather, while yields rally on jobs report
NEW YORK (AP) — U.S. stocks are slipping Friday, as Wall Street takes its first breather from a torrid run this week on enthusiasm about the upside of potential gridlock in Washington. The S&P 500 was down 0.5% in early trading, though it remains on pace for its best week since April. Optimism was still pumping through other areas of the market, and Treasury yields rallied after a report showed U.S. employers hired more workers last month than economists expected. The job gains suggest
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