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U.S. Stocks Fall as Robust August Jobs Data Spurs Yields, Rate-Hike Bets

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U.S. stocks fell after surprisingly strong jobs data muddied the outlook for Federal Reserve policy.

The Dow Jones Industrial Average fell 271.86 points, or 0.51%, to 53414.25. The S&P 500 declined 29.11 points, or 0.38%, to 7718.60 and the tech-heavy Nasdaq Composite shed 77.07 points, or 0.29%, to 26506.99.

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