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NEW YORK (AP) — 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. The S&P 500 ended 2.8% lower after briefly dropping 3.3% as traders weighed a government report showing employers hired more workers last […]
Wall Street lost more ground on worries that a still-strong U.S jobs market may actually make a recession more likely.
NEW YORK — Good news on the economy remains bad news for Wall Street, and stocks are falling sharply Friday on worries a still-strong U.S jobs market may actually make a recession more likely. The S&P 500 was 3.1% lower in afternoon trading after the government said employers hired more
The S&P 500 was 2.6% lower in afternoon trading after the government said employers hired more workers last month than economists expected.
Good news on the economy remains bad news for Wall Street, and stocks are falling sharply Friday on worries a still-strong U.S jobs market may actually make a recession more likely.