NEW YORK (AP) - U.S. stocks fell Friday after a solid jobs report kept alive the possibly that the Federal Reserve may raise interest rates as soon as next month.
It was the seventh straight day of declines for the Dow Jones industrial average. That's the longest losing streak for the index since July 2011, when investors were worried that the U.S. would slip back into recession.
Stocks started the day lower after the report was released and stayed there throughout the day. Fed policy makers have held rates at close to zero for more than six years to stimulate the economy after the Great Recession. The low rates have been good for the stock market, helping fuel a bull-market run that has lasted since March, 2009.
The Dow lost 46.37 points, or 0.3 percent, to 17,373.38. The index is now down 2.5 percent for the year, and is about 5 percent below its record close of 18,312.39 set May 19.
The Standard & Poor's 500 index fell 5.99 points, or 0.3 percent, to 2,077.57 and the Nasdaq composite fell 12.90 points, or 0.3 percent, to 5,043.54.