US EditionStocks Slip as Wall Street Wrangles with Whether the US Job Market Is Too Weak
Investors face uncertainty as August job hires fell short, prompting traders to price in a 100% chance of Federal Reserve rate cuts at the September meeting.
- U.S. stocks wobbled lower on Friday, with the S&P 500 falling 0.3% below its all-time high amid investor uncertainty over the job market.
- The decline followed a Labor Department report showing U.S. employers hired 22,000 workers in August, well below the expected 75,000, and an overstatement of hiring by 21,000 in June and July.
- Tech and retail sectors diverged as Nvidia fell 2.8% on valuation concerns, Lululemon dropped 18.1% after weak revenue and tariff challenges, while Broadcom climbed 9.4% on strong quarterly results and AI revenue forecasts.
- Tesla rose 3.6% following a CEO payout proposal potentially reaching $1 trillion if aggressive targets are met over the next 10 years, and Smith & Wesson shares jumped 6.5% on better-than-expected quarterly results.
- Analysts noted the labor market slowdown justifies a likely Federal Reserve rate cut on Sept. 17, while Asian markets rallied more than 1% amid earnings growth and a rebound after recent declines.
55 Articles
55 Articles
Stocks slip as Wall Street wrangles with whether the US job market is too weak
NEW YORK — U.S. stocks wobbled lower on Friday as Wall Street questioned whether the U.S. job market slowed by just enough to get the Federal Reserve to cut interest rates to help the economy, or by so much that…
Stocks wobble as Wall St. wrangles with whether the job market is too weak
NEW YORK — U.S. stocks wobbled lower Sept. 5 as Wall Street questioned whether the U.S. job market has slowed by just enough to get the Federal Reserve to cut interest rates to help the economy, or by so much…
Idaho Press
Stocks wobble as Wall Street wrangles with whether the job market is too weak
U.S. stocks wobbled lower as Wall Street questioned whether the U.S. job market has slowed by just enough to get the Federal Reserve to cut interest rates to help the economy, or by so much that a downturn may be…
How major US stock indexes fared Friday, 9/5/2025
U.S. stocks wobbled lower as Wall Street questioned whether the U.S. job market has slowed by just enough to get the Federal Reserve to cut interest rates to help the economy, or by so much that a downturn may be on the way
Coverage Details
Bias Distribution
- 47% of the sources lean Left
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