Wall St falls on expectations of Fed caution after jobs data
Wall Street's main indexes fell on Friday after the latest jobs data raised the prospects of a more cautious Federal Reserve, while a survey showed unexpected weakness in U.S. consumer sentiment. A Labor Department report showed the U.S. economy added 143,000 jobs in January, compared with a rise of 170,000 expected by economists. The unemployment rate stood at 4%, compared with the expectations of 4.1%, while the U.S. economy created 598,000 fewer jobs in the 12 months through March than previously estimated.