Weak July payrolls ease Fed rate concerns, US stocks mostly rise

US stocks mostly rose Friday after weak July payrolls eased Federal Reserve rate-hike concerns; the Dow slipped 0.1%, while S&P 500 and Nasdaq gained. Payrolls fell 23,000 versus a forecast 83,000 increase, pulling Treasury yields down and lifting rate-sensitive tech stocks. The 10-year yield hit 4.63%. Oil prices eased on possible Iran-Oman talks over Hormuz; company news included Airbnb raising outlook, Atlassian jumping, and Under Armour lowering forecasts.