Nasdaq and S&P 500 experience worst week of the year after volatile start to September
US stocks sold off on Friday following a weak jobs report for August, but one economist predicts volatility will continue in the coming months. “I think we’re probably in an environment now where volatility is going to remain high,” said…
Acting Labor Secretary discusses employment data and growth signals for August
The U.S. labor market added 142,000 new nonfarm jobs in August, while the unemployment rate fell 0.1% to 4.2% over the same period. This figure was below economists’ expectations of 165,000 new jobs in August. To learn more about the…
Unemployment rate drops to 4.2%, labor market creates 142,000 new jobs
The US economy created fewer jobs than expected in August, while the unemployment rate fell slightly. Data from the Bureau of Labor Statistics released Friday showed that the labor market added 142,000 nonfarm jobs in August, less than the 165,000…
Stocks open higher after jobs report shows further slowdown
Monthly revisions to the August jobs report showed that June and July employment numbers were revised downward by a combined 86,000, but an economist told Yahoo Finance’s Morning Brief that the revisions do not necessarily indicate greater weakness than initially…
Unemployment rate drops to 4.2%, labor market creates 142,000 new jobs
The US economy created fewer jobs than expected in August, while the unemployment rate fell slightly. Data from the Bureau of Labor Statistics released Friday showed that the labor market added 142,000 nonfarm jobs in August, less than the 165,000…
Nasdaq futures fall after jobs report shows further slowdown
U.S. stock futures fell on Friday as investors digested a key jobs report that provided clues about the size of the interest rate cut expected this month and the resilience of the U.S. economy. Technology stocks saw the biggest losses,…
US stocks plunge amid tech sell-off as investors consider mixed jobs data
US stocks fell on Friday due to a sell-off in the technology sector. The Nasdaq plunged after hitting a record high, dragged down by a sharp decline in Nvidia. The labor market report presented a mixed picture. While the trends…
Opinion | The shock on Japanese stock markets shows that volatility has returned with a vengeance
What’s going on? Japanese Prime Minister Fumio Kishida announces his “new capitalism“, Japanese investors piled up stocks and pushed the Nikkei average to Record highsonly for the Tokyo market collapse collapse like a house of cards and then partially recover….
The Fed has previously cut interest rates in response to falling prices. This time, not
By Ann Saphir and Dan Burns (Reuters) – A sharp decline in the U.S. labor market that sparked days of turmoil in global stock markets also fueled speculation that the U.S. Federal Reserve may not wait until its next meeting…
