Stock market today: Dow, S&P 500, Nasdaq sink amid jobs report surprise, fresh inflation worries
The Dow Jones Industrial Average ( ^DJI) sank about 1.6%, or close to 700 points, while the S&P 500 ( ^GSPC) also fell 1.5%.
Stocks are falling in response to good economic news. We can explain.
Stocks wavered Friday in response to good news about the economy, a development that will take some explaining. A government ...
Consumer Cos Down Sharply After Weak Confidence Data -- Consumer Roundup
Consumer companies fell sharply after weak consumer-confidence data and inflationary jobs data. The U.S. economy added 256,000 jobs in December and the unemployment rate edged down to 4.1%, the Labor ...
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Why the Latest Jobs Data Has Wall Street Nervous
The latest U.S. jobs report reveals a strong labor market with unemployment down to 4.1%. But what does this mean for the stock market? 📉 MarketBeat analyst Thomas Hughes breaks down how this data ...