The stock market fumbled an early gain on Friday as Wall Street weighed rising rate-cut odds against worries about the economy.
The Dow Jones Industrial Average fell 220 points, or 0.5%. The S&P 500 was down 0.3%. The Nasdaq Composite was down by less than 0.1%.
All three big indexes were on track for closing highs shortly after the market opened in the wake of a tepid jobs report. The U.S. economy added 22,000 jobs in August, while June and July’s combined numbers were revised 21,000 lower than previously reported.
