Stocks are giving it up into the weekend.
Near 3:00 pm ET, stocks were near session lows, with the Dow down 97 points, the S&P 500 down 8 points, and the Nasdaq down 22 points.
The January jobs report was a beat.
Nonfarm payrolls grew by 257,000 in the first month of 2015, while wage growth topped expectations.
The unemployment rate ticked slightly higher in January, but still remains at levels not seen since July 2008.
Following this report, the US dollar is on a tear.
Stocks, however, which rallied earlier in the day, are starting to give up most all of their gains into the market close.
The dollar, meanwhile, was adding to its gains and not stopping, rising more than 1.2% on Friday.
Here's the huge spike in the dollar.
Treasury bonds were also selling off following the strong jobs report, as the market digests the further improvement in the labor markets and weighs the implications for potential interest rate increases from the Federal Reserve.
Via Bloomberg's Joe Weisenthal, here's a chart of the surge in the US 10-year Treasury bond on Friday, which is up about 12 basis points.
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