Stocks drop on solid jobs data; Dow down for 7th day

August 7, 2015 1:52 PM

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Stocks drop on solid jobs data; Dow down for 7th day

The stock market opened slightly lower Friday following news that employers created a solid 215,000 jobs in July.

The report could help give the Federal Reserve the evidence it needs to raise interest rates in September for the first time in nearly a decade.

Also read: Trump inherits Obama boom

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