Standard & Poor's and Nasdaq declined after strong employment data.

Dow Jones Industrial Average
S&P 500 index
NASDAQ

Dow Jones Industrial Average

DJI

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S&P 500 index

SPX

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NASDAQ

IXIC

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- The Standard & Poor's 500 and Nasdaq indexes fell at the open on Friday, weighed down by a decline in chip stocks after a sharp rise, while a strong jobs report reinforced expectations of tighter monetary policy.

The Dow Jones Industrial Average rose 48.1 points, or 0.09 percent, at the open to 51,610.02. The S&P 500 fell 47.0 points, or 0.62 percent, to 7,537.36, while the Nasdaq Composite dropped 294.4 points, or 1.10 percent, to 26,536.593.