The Traderszone Network

Published in TZ Latest News 4 September, 2015 by The TZ Newswire Staff

Stocks Hit Hard On Weak Jobs Data; Will The Fed Act?

Another wave of selling hit Wall Street Friday as investors weighed the August employment report. The Dow Jones industrial average slumped 1.8%, the S&P 500 lost 1.7% and the Nasdaq gave up 1.3%. Volume on the New York Stock Exchange and Nasdaq was tracking lower than Thursday’s levels, not surprising ahead of the three-day weekend. The stock market will be closed Monday in observance of Labor Day.

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