With much stronger than expected jobs data adding to recent concerns about the outlook for interest rates, stocks have moved mostly lower in morning trading on Friday. The major averages have all moved to the downside, although selling pressure has been somewhat subdued.
Currently, the major averages are off their lows of the session but still in negative territory. The Dow is down 177.89 points or 0.5 percent at 32,941.68, the Nasdaq is down 36.44 points or 0.3 percent at 13,183.39 and the S&P 500 is down 19.83 points or 0.5 percent at 4,238.36.
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