Published 08/02/2024 8:40:00 p.m.

Stocks end lower, Nasdaq confirms correction as recession fears mount

Stocks fell on Friday after a disappointing jobs report increased fears about the US economy's health.
First-Time jobless claims reached their highest number since last August, while ongoing claims hit their highest since November 2021.

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BBC News

Stock markets plunge as weak US jobs fuel fears

Worse-than-expected employment data adds to concerns that the US is facing a slowdown.

08/04/2024 7:04:00 a.m.·United Kingdom

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Reuters

Nasdaq falls 10% from record high

The Nasdaq Composite index fell 2.2% on Friday, putting it on track to confirm it is in a correction following concerns about pricey Big Tech valuations and a cooling economy.

08/02/2024 2:30:24 p.m.·United Kingdom

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Associated Press News

Stocks fall sharply as worries mount about weakening US economy. Dow drops 600, Nasdaq closes 10% below July high (CORRECTS: A previous APNewsAlert erroneously reported the Nasdaq's most recent high occurred in June})

Stocks fall sharply as worries mount about weakening US economy. Dow drops 600, Nasdaq closes 10% below July high (CORRECTS: A previous APNewsAlert erroneously reported the Nasdaq's most recent high

08/02/2024 8:35:54 p.m.·United States

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abc News

Stocks fall sharply as worries mount about weakening US economy. Dow drops 600, Nasdaq closes 10% below July high (CORRECTS: A previous APNewsAlert erroneously reported the Nasdaq's most recent high occurred in June})

Stocks fall sharply as worries mount about weakening US economy. Dow drops 600, Nasdaq closes 10% below July high (CORRECTS: A previous APNewsAlert erroneously reported the Nasdaq's most recent high occurred in June})

08/02/2024 8:06:43 p.m.·United States

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CNN

Dow closes more than 600 points lower after weak July jobs data

Stocks tumbled Friday as a disappointing jobs report added to fears that the US economy is weakening.

08/02/2024 2:11:42 p.m.·Atlanta, United States

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KRDO

Stocks fall sharply on weak July jobs data

CNN By Krystal Hur, CNN New York (CNN) — Stocks tumbled Friday as a disappointing jobs report added to fears that the US economy is weakening. The Dow was down 750 points, or 1.9%, Friday midday after diving more than 900 points earlier in the session. The S&P 500 lost 1.9% and the Nasdaq Composite declined 2.3%. CNN’s Fear & Greed Index, which measures seven barometers of market sentiment, fell to a “fear” reading of 26. The US economy added ju…

08/02/2024 4:24:50 p.m.·Colorado Springs, United States

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