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Good news on the economy remains bad news for Wall Street, as stocks fell sharply Friday on worries a still-strong U.S jobs market may actually make a recession more likely.
Unemployment in the US hit a 50-year low after better than expected jobs growth in September, leaving markets fearful the Federal Reserve will keep raising interest rates to tame inflation.
The S&P 500 was 2.6% lower in afternoon trading after the government said employers hired more workers last month than economists expected.
The S&P 500 was 2.6% lower in afternoon trading after the government said employers hired more workers last month than economists expected.
The S&P 500 was 2.6% lower in afternoon trading after the government said employers hired more workers last month than economists expected.