Reported 1 day ago
US stocks fell ahead of the crucial jobs report due on Friday, with the S&P 500 down 0.5% after a strong rally in May. Market caution increased as analysts expect a slowdown in job creation. Concerns over business hiring, influenced by tariff uncertainties, were highlighted by rising unemployment benefits applications. Major companies like Procter & Gamble and Brown-Forman reported disappointing results, impacting their stock values significantly. Despite some optimistic trade talks, the overall market sentiment remained cautious.
Source: YAHOO