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All major U.S. stock indices declined collectively at the end of Friday's session after the release of strong non-farm payroll data for August, which showed an increase of 162,000 jobs, significantly surpassing expectations. This fueled expectations that the Federal Reserve will raise interest rates at the upcoming meeting. Treasury yields rose noticeably, with the two-year bond yield reaching its highest level since January 2025. The Dow Jones Industrial Average closed at 53,414.25 points, down 0.51%; the S&P 500 at 7,718.60 points; and the Nasdaq at 26,506.99 points.
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