Wall Street retreats as strong jobs data raises rate hike bets, credit reporting stocks slump

As of 2:07 p.m. Eastern Time, the S&P 500 fell 0.5%. The Dow Jones Industrial Average was down 0.5% and the Nasdaq Composite fell 0.5%.As of 2:07 p.m. Eastern Time, the S&P 500 fell 0.5%. The Dow Jones Industrial Average was down 0.5% and the Nasdaq Composite fell 0.5%.