Dow collapses, Nasdaq sees fluctuations due to weaker labor market data
New data from ADP released on Thursday showed that the private sector added the fewest jobs in a month since January 2021, suggesting a slowdown in the labor market. ADP’s national employment report for August showed that 99,000 new jobs were created that month, well below economists’ estimates of 145,000 and below the 122,000 jobs […]