Reported about 1 month ago
On Thursday, US stocks experienced volatility as investors reacted to disappointing labor market data, with the S&P 500 declining by 0.3% and the Dow Jones dropping over 200 points. The Nasdaq showed a slight gain of 0.2%. Recent data indicated the smallest hiring growth in the private sector since January 2021, prompting speculation regarding potential interest rate cuts by the Federal Reserve. Anticipation surrounds Friday's jobs report, which may impact economic outlooks and policy decisions.
Source: YAHOO