Dow Drops Ahead of August Jobs Report

Reported about 1 month ago

The Dow Jones experienced a decline as investors awaited the August jobs report. The ADP National Employment Report indicated the lowest employment levels since 2021, while initial jobless claims were slightly below expectations. The ISM Services PMI showed expansion in the services sector, raising concerns ahead of Friday's jobs report following a July unemployment rate increase to 4.3%. Meanwhile, Tesla's shares rose with news of its self-driving rollout in Europe and China set for early 2025.

Source: YAHOO

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