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Stocks slip at opening after US hiring slows

September 5, 2014

The stock market is opening slightly lower after U.S. employers added fewer jobs than expected in August.

Bonds jumped on the news. The yield on the 10-year Treasury fell to 2.42 percent. It was 2.45 late Thursday.

The Dow Jones industrial average fell six points to 17,061 shortly after the opening bell Friday.

The Standard & Poor’s 500 stock index eased less than a point to 1,997.

The Labor Department reported the U.S. employers added 142,000 jobs last month, ending six straight months of hiring above 200,000.

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