Dow Jones, Nasdaq, S&P 500 weekly preview: Recession fears cloud equities outlook
Stocks fell sharply on Friday following a surprisingly weak July jobs report, fueling concerns about a potential economic recession.The sell-off came as investors reacted to a significant slowdown in U.S. job growth for July, coupled with a rise in the unemployment rate to its highest level since October 2021.
Looking ahead to this week, investors will focus on key economic indicators for further insights into trends, particularly the ISM services report on Monday and the jobless claims report on Thursday. Although all Big Tech companies have already unveiled their latest earnings, several other important reports are expected this week.: “It's been a long time coming, but the fulcrum from markets trading 'bad news is good' to 'bad is bad' appears to be here. Therefore, lower rates are likely to be met with lower stock prices, as we have seen over the last couple of days.
France Dernières Nouvelles, France Actualités
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