US Stock Markets Dip Following Disappointing February Jobs Report

Major US stock markets opened lower on Friday, reacting to the latest jobs report which revealed that nonfarm payrolls increased by 151,000 in February, falling short of the expected 160,000. Investors also weighed the implications of President Donald Trump's decision to postpone tariffs on Canada and Mexico until April 2.

The Dow Jones Industrial Average fell by 0.43%, with Cisco Systems leading the decline, dropping 1.09%. The Nasdaq 100 also saw a decrease, down by 0.24% as MicroStrategy lost 4.04%. The S&P 500 traded in negative territory, losing 0.33%, with Hewlett Packard Enterprise experiencing a significant drop of 15.23%.

In currency markets, the euro continued its upward trend against the dollar, increasing by 0.74% to $1.08679 by 9:28 am ET.