US stocks wobbled on Thursday as investors digested more weaker-than-expected labor market data that could help set expectations for both interest rate cut hopes and the health of the US economy. The S&P 500 dipped 0.3%, while the Dow Jones Industrial Average fell more than 200 points, or around 0.5%. The tech-heavy Nasdaq Composite wavered between positive and negative territory throughout the day before finishing up more than 0.2%.
Together, the jobs market data serves as an appetizer for Friday's main-course jobs report for August, crucial to the Fed's policy decision making and closely watched amid hopes for a "Goldilocks" economy. The market is torn between conflicting impulses as data releases paint a downbeat picture of the economy. Recent soft readings make the case for deeper rate cuts.
हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:
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