Stock Market Slips Amid Focus on Jobs Report and Middle East Tensions

Reported 3 months ago

US stocks fell on Thursday as attention returned to the economy with the impending jobs report, while ongoing Middle East conflicts raised concerns. The S&P 500 dropped 0.2%, the Dow fell 0.7%, and the Nasdaq Composite declined 0.4%. Investor anxieties were compounded by rising oil prices driven by geopolitical tensions. Labor market indicators suggested a potential cooling, which may influence future Federal Reserve rate cuts.

Source: YAHOO

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