US Stock Market Declines Amid Job Data and Middle East Tensions

Reported 4 days ago

US stocks experienced a dip on Thursday, with the S&P 500 down 0.2%, the Dow Jones down 0.7%, and the Nasdaq down 0.4%, as investors focused on the upcoming jobs report amidst ongoing concerns over escalating tensions in the Middle East. Oil prices surged nearly 4% due to fears of supply disruptions stemming from the Israel-Iran conflict. The market is bracing for the September jobs report, which could impact future Federal Reserve interest rate decisions, following indications of a cooling labor market.

Source: YAHOO

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