US stocks erased early session gains 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 as much as 0.6%, while the Dow Jones Industrial Average fell more than 300 points, or around 0.9%. The tech-heavy Nasdaq Composite erased early morning gains to slip 0.1%.
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.
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:
대한민국 최근 뉴스, 대한민국 헤드 라인
Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.
Stock market today: Dow, Nasdaq seesaw amid more soft jobs market dataLabor data is in focus as the prospect of rate cuts fails to offset growing doubts about the health of the economy.
출처: YahooFinanceCA - 🏆 47. / 63 더 많은 것을 읽으십시오 »
Stock market today: Dow slides 600 points, Nasdaq sinks 3% as Nvidia leads chip sell-offWall Street is hunkering down after a roller-coaster August, with the prospect of a potentially stormy September ahead.
출처: YahooFinanceCA - 🏆 47. / 63 더 많은 것을 읽으십시오 »
Stock market today: Dow hits record, S&P 500, Nasdaq rise despite fall in Nvidia sharesThe dust is settling after Nvidia's solid but disappointing earnings, as investors reassessed the prospects for techs.
출처: YahooFinanceCA - 🏆 47. / 63 더 많은 것을 읽으십시오 »
Stock market today: Dow closes at record high, S&P 500, Nasdaq slide as tech lagsStocks are eyeing a bid for fresh record highs after Jerome Powell made it crystal clear the Fed is ready to pivot to lowering rates in September.
출처: YahooFinanceCA - 🏆 47. / 63 더 많은 것을 읽으십시오 »
Stock market today: S&P 500, Nasdaq, Dow rise as wait for Powell beginsInvestors are counting down to a speech by Jerome Powell at Jackson Hole that could reset rate-cut expectations.
출처: YahooFinanceCA - 🏆 47. / 63 더 많은 것을 읽으십시오 »
Stock market today: Nasdaq edges higher, Dow drops as investors await key signals on inflation, economyWall Street is coming off a whipsaw week that has left markets jumpy and 'on edge.'
출처: YahooFinanceCA - 🏆 47. / 63 더 많은 것을 읽으십시오 »