Wall Street falls as solid jobs data fuels interest rate hike worries

The Dow Jones Industrial Average was down 134.01 points, or 0.41%, at 32,592.81, the S&P 500 was down 27.03 points, or 0.65%, at 4,124.91

Wall Street's main indexes fell on Friday, with technology stocks bearing the brunt of a selloff, after a solid jobs report bolstered the case for the Federal Reserve to press ahead with interest rate hikes.

US employers hired far more workers than expected in July, the 19th straight month of payrolls expansion, with the unemployment rate falling to a pre-pandemic low of 3.5%.