Stock Market Lower After July Jobs Soar; Western Digital Drags On Tech Sector

Stock market indexes sold off on Friday after the July nonfarm payrolls report beat expectations by a country mile. Weak PC component guidance from hard drive maker Western Digital (WDC) added to pressure on tech stocks, with widely held names posting sizable losses. The Dow Jones Industrial Average traded lower by 0.3% just after the lunch hour while the S&P...