Stock Market Today: Dow Slides On Surprise Jobs Report; Nvidia Rises In Buy Zone
The Dow Jones Industrial Average fell on Friday following a stronger-than-expected August jobs report that dampened hopes for Federal Reserve interest rate cuts. Investors are now looking ahead to upcoming inflation data and major corporate earnings reports.
Why it matters
Market reactions to employment data provide critical insight into the Federal Reserve's potential monetary policy shifts and the broader health of the U.S. economy.
Stocks on Friday closed out the week with modest losses after a stronger-than-expected August jobs report spooked investors hoping the Federal Reserve will hold its key interest rate steady in September. Another big inflation report looms next week for the stock market, along with earnings reports from Adobe (ADBE) and Oracle (ORCL). Meanwhile, Sandisk (SNDK) was a big winner Friday,...
10:40 AM ET The stock market, including the Dow Jones index, falls after a strong jobs report and a trade threat from President...
10:40 AM ET The stock market, including the Dow Jones index, falls after...
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