Stocks slipped on Friday amid a deluge of economic data. A Labor Department report showed the economy added 209,000 jobs in July, slightly exceeding expectations, while additions for the previous two months were upwardly revised by 15,000. In earnings moves, Chevron posted second-quarter earnings of $5.7 billion or $2.98 per share. The results were up from $5.4 billion, or $2.77 per share, a year ago. On another note, manufacturing activity increased in July. The Institute for Supply Management’s index hit 57.1, up from June’s 55.3 level. Elsewhere, consumer confidence was on the wane in July. The University of Michigan’s consumer sentiment index landed at 81.8, down from 82.5 in June.
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