How major US stock indexes fared Friday, 9/6/2024
Another rout hit Wall Street, leaving the market with its worst week in 18 months, after a jobs report billed as the most important of the year came in weak enough to keep worries high about the economy
By The Associated Press
Published - Sep 06, 2024, 04:15 PM ET
Last Updated - Dec 16, 2024, 07:29 PM EST
Another rout hit Wall Street, leaving the market with its worst week in 18 months, after a jobs report billed as the most important of the year came in weak enough to keep worries high about the economy.
The S&P 500 fell 1.7% Friday. Broadcom, Nvidia and other tech companies led the market lower as worries continue that prices soared too high in the boom around artificial intelligence. That dragged the Nasdaq composite down 2.6%. The Dow Jones Industrial Average dropped 1%.
Treasury yields tumbled, recovered and then fell again after the jobs report showed employers hired fewer workers in August than expected.
On Friday:
