Tag: unemployment rate
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Stock market today: Stocks notch worst weekly decline since March 2023 after August jobs report
US stocks fell sharply on Friday after a weak August jobs report raised recession fears.The S&P 500 had its worst week since March 2023,...
The August jobs report reinforces ‘waning vigor’ in the labor market and the Fed should deliver a big rate cut, JPMorgan says
The US added 142,000 jobs in August, bringing the unemployment rate down slightly to 4.2%.JPMorgan chief economist Michael Feroli said the data points to...
Stock market today: Nasdaq, S&P 500 see worst week of the year in volatile start to September
US stocks sold off Friday following a weak jobs report for August. But one economist predicts market volatility will likely continue in the months...
Nvidia stock tanks 4% amid rough week for chip stocks
Nvidia stock (NVDA) sank 4% on Friday as the semiconductor sector led a market sell-off in the final trading session of a volatile first...
Stock market today: Stocks open higher after jobs report shows more cooling
US stocks opened higher on Friday as investors digested a crucial jobs report that provided clues to the size of this month's expected interest...