Wall Street looks to recover, investors digest PMI, initial jobless claims: Yahoo Finance

The S&P 500 and Nasdaq are coming off their second day of declines as investors digest the latest data from US initial jobless claims and the ISM Services Purchasing Managers Index . This comes ahead of Friday’s critical jobs report, the first since July’s print stoked recession concerns after the unemployment rate hit 4.3%. As the Federal Reserve nears its September meeting, the bond market is pricing in closer to 50 basis points of interest rate cuts.

United States IT Staffing Focused Insights Report 2024-2029: Rising Adoption Of AI, Increasing Significance Of Cybersecurity, Skill-Centric Staffing Solutions Gaining Importance South Korea has selected historical action film 12.12.: The Day as the country’s Oscar entry for best international film. The film was the highest-grossing film last year at the Korean box office and the decision to select it for the Oscars was a unanimous one, the Korean Film Council said. Set against the backdrop …The Chiefs know that they'll be more closely watched than ever as they try to make NFL history with their third consecutive Super Bowl title.

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Premarket: World stocks mixed after Wall Street extends losses as technology and energy stocks fallSeveral other reports this week will help give a clearer picture of the economy for the Fed and Wall Street
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