Reported 2 days ago
US stock markets fell on Friday amid concerns stemming from a disappointing jobs report that revealed only 22,000 jobs were added in August, significantly below the expected 75,000. The unemployment rate rose to 4.3%, while market analysts anticipate imminent interest rate cuts from the Federal Reserve, with traders now fully pricing in a reduction. Major indices, including the S&P 500, Dow Jones, and Nasdaq, all posted declines as investors adjusted their strategies based on the latest economic indicators.
Source: YAHOO