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Dow collapses, Nasdaq sees fluctuations due to weaker labor market data


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 […]

Dow collapses, Nasdaq sees fluctuations due to weaker labor market data


Dow collapses, Nasdaq sees fluctuations due to weaker labor market data

U.S. stocks gave up early trading gains on Thursday as investors digested further weaker-than-expected jobs data that could raise hopes both for interest rate cuts and the health of the U.S. economy. The S&P 500 (^GSPC) lost as much as 0.6%, while the Dow Jones Industrial Average (^DJI) slid more than 300 points, or about […]

S&P 500 and Nasdaq rise on weaker labor market data


Dow collapses, Nasdaq sees fluctuations due to weaker labor market data

U.S. stocks rose on Thursday as investors digested further weaker-than-expected jobs data that could boost hopes for interest rate cuts and the health of the U.S. economy. The S&P 500 (^GSPC) rose 0.4%, while the Dow Jones Industrial Average (^DJI) remained flat. The tech-heavy Nasdaq Composite (^IXIC) rose 1%, while all three benchmarks traded choppy. […]

Dow and Nasdaq fluctuate amid weaker labor market data


Dow collapses, Nasdaq sees fluctuations due to weaker labor market data

U.S. stocks rose on Thursday as investors digested further weaker-than-expected jobs data that could boost hopes for interest rate cuts and the health of the U.S. economy. The S&P 500 (^GSPC) rose 0.4%, while the Dow Jones Industrial Average (^DJI) remained flat. The tech-heavy Nasdaq Composite (^IXIC) rose 1%, while all three benchmarks traded choppy. […]

Dow and Nasdaq fluctuate amid weaker labor market data


Dow collapses, Nasdaq sees fluctuations due to weaker labor market data

U.S. stocks faltered on Thursday as investors digested further weaker-than-expected labor market data that could boost hopes for interest rate cuts and the health of the U.S. economy. The S&P 500 (^GSPC) hovered around the flat line, while the Dow Jones Industrial Average (^DJI) fell 0.3%. The tech-heavy Nasdaq Composite (^IXIC) rose 0.3%, while all […]