82 Days
Source:
معلومات مباشر
U.S. job growth slowdown affects stocks
The U.S. employment report for June showed an addition of 57,000 jobs compared to expectations of 110,000. Meanwhile, the unemployment rate decreased to 4.2% from an anticipated 4.3%. This led to a reduction in the likelihood of interest rate hikes by the Federal Reserve to 76%, down from 84% prior to the report's release. Despite this, the Dow Jones Industrial Average rose by 0.72% to reach 52,683.38 points, while the Nasdaq declined by 0.61% to 25,880.76 points, reflecting market divergence following a slowdown in the labor market's growth.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)