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Macro US Stocks

US August Jobs Beat, Stocks Dip; Tesla Falls 4%

US August nonfarm payrolls added 162,000 jobs, far exceeding expectations, boosting bets on a September Fed rate hike. US stocks opened lower: Nasdaq -0.01%, S&P 500 -0.14%, Dow -0.31%. Tesla fell over 4% despite its Cybercab launch in Austin, while Lululemon plunged 18% on lowered guidance.

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