August Jobs Report and Market Reactions

Reported about 1 month ago

US stock futures fell following the August jobs report, which revealed an addition of only 142,000 nonfarm payroll jobs, missing the expected 165,000. The unemployment rate dropped to 4.2%, aligning with estimates. Meanwhile, the Federal Reserve is entering a 'blackout period' prior to its September meeting, and Broadcom's shares dropped in after-hours trading due to disappointing revenue guidance.

Source: YAHOO

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