Published 09/06/2024 8:55:35 p.m.

Stocks plunge, with the S&P 500 ending its worst week since March 2023

Summary

Wall Street ended its worst week in 18 months after a weaker-than-expected jobs report on Friday stoked investor concerns about slowing U.S. economic growth. Technology stocks took the brunt of the pain. The Nasdaq composite sank 2.6% as Broadcom, Nvidia and other tech companies led the market lower on continued worries that their shares soared too high in the boom around artificial intelligence.

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Associated Press News

Stock market today: Wall Street falls sharply to close its worst week in nearly 18 months

Another rout hit Wall Street after a highly anticipated update on the U.S. job market came in weak enough to keep worries high about the economy. The S&P 500 fell

09/06/2024 2:52:23 a.m.·United States

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CBS News

Stocks plunge, with the S&P 500 ending its worst week since March 2023

Investors are fretting about economic growth, with tech stocks taking the brunt after an underwhelming jobs report.

09/06/2024 8:21:37 p.m.

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Bloomberg

Wall Street Traders Suddenly Converge on Economic Hazards Ahead

For those on Wall Street clinging to the bull case on the economy, life is getting harder.

09/06/2024 8:26:19 p.m.·United States

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Forbes

Stocks Have Worst Week Of Year As Recession Fears Reemerge

Concerns about a weakening labor market fittingly cast over the poor Labor Day trading week.

09/06/2024 12:00:00 a.m.·United States

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MarketWatch

U.S. stocks end down after jobs report, S&P 500 logs worst week since March 2023

Follow along MarketWatch’s minute-by-minute coverage of the financial markets on Friday.

09/06/2024 8:36:59 a.m.·United States

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Barron's

Dow Drops 410 Points as a Short but Brutal Week Comes to a Close

The stock market started the day higher but it didn’t last long. The major indexes fell sharply again after Friday’s jobs report painted a hazy picture of the labor market. The Dow Jones Industrial Average was down about 410 points, or 1%. The S&P 500 was down 1.7%. The Nasdaq Composite was down 2.

09/06/2024 7:49:51 a.m.·New York, United States

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