Reported about 1 month ago
US stocks exhibited volatility as investors reacted to disappointing labor market data, with the S&P 500 falling 0.3% and the Dow Jones Industrial Average dropping more than 200 points. A report revealed the smallest monthly hiring growth since January 2021, intensifying concerns about the economy and interest rate cuts. The tech-heavy Nasdaq fluctuated before ending slightly up, while traders await the impactful jobs report scheduled for release on Friday, which could influence the Federal Reserve's policy decisions.
Source: YAHOO