US EditionStocks Wobble Following U.S. Jobs Report
The U.S. Labor Department reported August hiring below expectations, causing Treasury yields to fall and boosting investor speculation of Federal Reserve interest rate cuts.
Summary by Spectrum News
10 Articles
10 Articles
The US shares reversed their course abruptly on Friday, after a weaker-than-expected employment report reinforced the certainty of an imminent cut in interest rates.Although the data seemed to be in favour of the market, the main indices retreated after the initial earnings, suggesting a high-volatility day.The S&P 500 (^GSPC) fell by 0.6%, moving away from the historic closing peak reached on Thursday.The Dow Jones Industrial Average (^DJI) los…
Stock Market Today: Dow, S&P 500 and Nasdaq Fall After Jobs Report; Broadcom, Lululemon, Samsara, UiPath, Docusign, and More Movers
The Dow, S&P 500, and Nasdaq were falling as the stock market digests the August jobs report and expectations for Fed rate cuts.
·New York, United States
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US stocks ended the week lower as a jobs report raised concerns about the future of the economy
Coverage Details
Total News Sources10
Leaning Left1Leaning Right1Center4Last UpdatedBias Distribution67% Center
Bias Distribution
- 67% of the sources are Center
67% Center
L 17%
C 67%
R 17%
Factuality
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