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US Stocks Fall as Wall Street Questions Whether the US Job Market Has Slowed by Enough or Too Much
Unemployment claims rose to the highest since June, while private payrolls added just 54,000 jobs, marking a significant cooling in US labor market activity, analysts said.
15 Articles
15 Articles
readingeagle
US stocks fall as Wall Street questions whether the US job market has slowed by enough or too much
By STAN CHOE, AP Business Writer NEW YORK (AP) — U.S. stocks are falling Friday as Wall Street questions whether the U.S. job market has slowed by just enough to convince the Federal Reserve to cut interest rates soon to help the economy, or by so much that a recession may be on the way. After jumping to an early gain, the S&P 500 erased it and fell 0.6% below the all-time high it set the day before. The Dow Jones Industrial Average was down 334…
SWI swissinfo.ch
bloombergtax.comStocks Rise and Bond Yields Fall in Run-Up to Jobs: Markets Wrap
(Bloomberg) -- Wall Street traders gearing up for Friday’s jobs report got a trio of data that reinforced the view of a cooling labor market, keeping bets on Federal Reserve rate cuts alive while driving stocks and bonds higher.
Telemundo Miami (51)
Telemundo McAllen (40)The U.S. government will publish on Friday the August employment report, important statistics for the economy, after the dismissal of BLS.
Juan J. Fdez-Figares Market Consensus (Link Securities) In a session in which investors in European stock exchanges, as we expected, were very attentive to the bond markets and Wall Street, the region's main stock indices closed in mixed form yesterday, mostly upwards, with exceptions such as those of CAC 40, an index that was weighed down by the very negative behavior of the great values of French luxury and by the strong [...]
Wall Street's rally extended to Asia as growing signs of a slowing labor market bolstered bets that the Federal Reserve will cut interest rates this month. Asian stocks rose 0.7%, while indexes in the Greater China region recovered from Thursday's decline. S&P 500 futures rose 0.2% after closing at a record high, and contracts also pointed to an opening
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