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2024-09-06 22:55:18

2news.com on Nostr: Stocks sink on Wall Street after mixed jobs report ========== The August jobs report ...

Stocks sink on Wall Street after mixed jobs report
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The August jobs report revealed only 142,000 jobs added, lower than expectations, contributing to Wall Street's worst week in 18 months; S&P 500 fell 1.7%, Nasdaq down 2.6%, and Dow Jones dropped 1%; concerns over high prices in tech stocks like Broadcom and Nvidia; Treasury yields fluctuated post-report; cooling job figures suggest Federal Reserve may cut interest rates at the next meeting on Sept. 17-18; unemployment rate fell to 4.2%.

#Stocks #JobsReport #WallStreet #Economy #FederalReserve #InterestRates #S&p500 #Nasdaq #DowJones #Employment

https://www.2news.com/news/national/stocks-sink-on-wall-street-after-mixed-jobs-report/article_49794064-6c8b-11ef-9306-53be3152afa8.html
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