• Stocks slide after strong jobs report diminishes hopes for Fed rate cut this month

    Stocks fell on Friday after the strong jobs report lowered expectations for an interest-rate cut from the Federal Reserve this month. 
    The S&P 500, Dow Jones Industrial Average, and Nasdaq Composite had rallied to all-time highs on Wednesday. 
    The financials sector of the S&P 500 was the benchmark index's biggest gainer, boosted by a rally in bank stocks. 
    Visit Markets Insider's homepage for more stories.US stocks slipped from record levels on Friday after a stronger-than

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