US equity markets opened lower on Friday, with the Dow Jones plunging 100 points. Minutes before the bell, investors received the latest jobs report for September.
While the unemployment rate held steady at 3.8%, nonfarm employment rose by 336,000, higher than expected. Currency and bond markets also reacted to the report, with the dollar jumping and US Treasury yields hitting levels not seen since 2007.
The Dow Jones lost 0.26% at 9:31 am ET, with Walgreens Boots falling 1.13%. Meanwhile, the Nasdaq 100 fell 0.55%, DexCom was leading the flops, decreasing by 2.16%. The S&P 500 declined 0.50%, as Molson Coors Brewing dropped by 6.30%.
The euro was down by 0.35% against the dollar at 9:28 am ET, selling for $1.05120.
