Sentiment: Positive
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Stock Market Update: Stocks Drop as Strong Jobs Report Raises Fed Rate Hike Fears
By Trader Edge at 2026-09-07 01:39
Sentiment: Positive
TLDR The Dow, S&P 500, and Nasdaq all fell Friday after a stronger-than-expected August jobs report The US economy added 162,000 jobs in August, far above the 55,000 forecast Traders raised their bets on a September Fed rate hike to around 60% odds Lululemon stock crashed 16% after cutting its revenue and profit guidance Treasury [...] The post Stock Market Update: Stocks Drop as Strong Jobs Report Raises Fed Rate Hike Fears appeared first on CoinCentral. Continue reading...
Categories: News
Tags: #News #Stocks
Source Coin Central