us stock indexes opened lower on friday after the november jobs report shows a sign of continued strength in the labor market raising concerns that the federal reserves policy will remain tighter for longer the us created a robust 263000 new jobs in november a historically strong pace of hiring that threatens to prolong a bout of high us inflation the unemployment rate held at 37 while the average hourly earnings rose twice as much as forecast the sp 500 spx lost 1 while the dow jones industrial average djia declined 07 and the nasdaq composite comp dropped 13 the policy sensitive 2year treasury yields jumped to 4364 from 4254 on thursday