Published 2 years ago

Dow drops 600 points, Nasdaq closes 3% lower as rates pop after September jobs report

Summary by Ground News

The economy added 263,000 jobs in September, slightly more than economists had estimated. The headline number marks the second consecutive month of falling totals. Labor force participation rate ticked down to 62.3% from 62.4% the month before. Getting a larger share of people into the workforce can help bring down wage growth.

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Reuters

Wall Street ends sharply lower as jobs report cements rate hike regime

Wall Street fell sharply on Friday following a solid jobs report for September that increased the likelihood the Federal Reserve will barrel ahead with an interest rate hiking campaign many investors fear will push the U.S. economy into a recession.

2 years ago·United Kingdom

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Associated Press News

Losses deepen on Wall Street as traders fear strong jobs data will prevent Fed from slowing rate hikes; Dow falls 700

Losses deepen on Wall Street as traders fear strong jobs data will prevent Fed from slowing rate hikes; Dow falls 700.

2 years ago·United States

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abc News

Losses deepen on Wall Street as traders fear strong jobs data will prevent Fed from slowing rate hikes; Dow falls 700

2 years ago·United States

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CNN

Stocks sink after hotter-than-expected jobs report

Here's the latest news on what stocks are doing.

2 years ago·Atlanta, United States

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The Washington Post

The job market is slowing, and this could just be the beginning

Companies’ job postings have fallen sharply. Layoffs are creeping up. And new data released Friday show that U.S. job creation has slowed to its lowest level in nearly a year and a half.

2 years ago

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CNBC

Dow drops over 600 points, Nasdaq nearly 4% lower as job gains remain steady, complicating Fed effort to lower prices

Stocks fell on Friday as traders evaluated September’s jobs report, which showed the unemployment rate continuing to decline.

2 years ago·United States

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Dow drops 600 points, Nasdaq closes 3% lower as rates pop after September jobs report

0 Articles

0 Articles

Wall Street ends sharply lower as jobs report cements rate hike regime

Wall Street ends sharply lower as jobs report cements rate hike regime

Losses deepen on Wall Street as traders fear strong jobs data will prevent Fed from slowing rate hikes; Dow falls 700

Losses deepen on Wall Street as traders fear strong jobs data will prevent Fed from slowing rate hikes; Dow falls 700

Losses deepen on Wall Street as traders fear strong jobs data will prevent Fed from slowing rate hikes; Dow falls 700

Losses deepen on Wall Street as traders fear strong jobs data will prevent Fed from slowing rate hikes; Dow falls 700

Stocks sink after hotter-than-expected jobs report

Stocks sink after hotter-than-expected jobs report

The job market is slowing, and this could just be the beginning

The job market is slowing, and this could just be the beginning

Dow drops over 600 points, Nasdaq nearly 4% lower as job gains remain steady, complicating Fed effort to lower prices

Dow drops over 600 points, Nasdaq nearly 4% lower as job gains remain steady, complicating Fed effort to lower prices

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