jobs report

Wall Street: Wall Street stocks fall, big weekly drop as market waits for Fed to move

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Wall Street: Wall Street stocks fall, big weekly drop as market waits for Fed to move

NEW YORK: U.S. stocks fell on Friday, weighed down by a jobs report that showed a continued labor market slowdown but left traders uncertain about how far the Federal Reserve will go in cutting interest rates. All three main indexes were lower, with the 11 sectors of the benchmark S&P 500 losing ground led by … Read more

Wall Street: Wall Street sells off ahead of jobs report, investors digest Fed comments

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Wall Street: Wall Street sells off ahead of jobs report, investors digest Fed comments

NEW YORK: The three major U.S. stock indexes fell more than 1% each and the S&P 500 had its biggest daily percentage drop since Feb. 13 on Thursday as Federal Reserve officials took a cautious approach in comments on the outlook for interest rate cuts, and investors braced for Friday’s U.S. monthly jobs report. Investors … Read more