US STOCKS-Wall St falls as jobs data raises Sept rate hike chances

viernes 7 de agosto de 2015 13:13 GYT
 

* July nonfarm payrolls 215,000 vs 223,000 est

* Major indexes poised to end the week in the red

* Traders pricing a 52 pct chance for Sept hike, up from 47 pct

* Nvidia touches four-month high after revenue beats estimates

* Indexes down: Dow 0.68 pct, S&P 0.58 pct, Nasdaq 0.74 pct (Updates to early afternoon)

By Tanya Agrawal

Aug 7 (Reuters) - U.S. stocks fell in early afternoon trading on Friday, with the major indexes poised to close in the red for the week, after solid job growth in July pointed to an improving economy and opened the door wider for an interest rate hike in September.

Wall Street took a dim view of the report as a stop to easy money will increase borrowing costs for companies. The market has touched record highs, benefiting from near-zero interest rates for almost a decade.

Nonfarm payrolls increased 215,000 last month, fewer than the 223,000 forecast by economists, but the unemployment rate held at a seven-year low of 5.3 percent.   Continuación...