The shares are swaying as Wall Street wanders with whether the labor market is very weak

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New York (AP) – American stocks fell on Friday, where Wall Street wondered whether the United States was The labor market slowed enough To get Federal Reserve To reduce interest rates to help the economy, or by the recession on the way.

After height to an early gain, the S&P 500 wiped it and decreased by 0.3 % less than High in all ages appointed the day before. The Dow Jones industrial rate decreased 220 points, or 0.5 %, after swinging between an early profit of about 150 points and a loss of 400. Nasdaq fell less than 0.1 %.

This procedure was more decisive in the bond market, as treasury revenues declined after a report issued by the Ministry of Labor said that employers in the United States had rented a number of workers in August than economists expected. The government also said that previous estimates for June and July are exaggerated by employing 21,000 jobs.

Follow the disappointing numbers Update jobs last month last monthIn addition to other faded reports in the overlapping weeks, merchants are now betting on the possibility of 100 % that the Federal Reserve Bank reduced the main interest rate at its next meeting on September 17, according to CME GROP data. Investors love such discounts because they can give a pillar of the economy, but the Federal Reserve has been affected by them because they can also give inflation more fuel.

To date this year, the Federal Reserve was more concerned about the possibility of exacerbation of inflation due President Donald TrumpA tariff from the labor market. Brian Jacobsen, chief economist at Annex Wealth Management, said, but Friday’s job numbers can pay the Federal Reserve to consider lowering prices within two weeks with a more severe amount than usual.

“This week was a story of slowdown in the labor market, and today’s data was the wondering point,” according to Eileen Zintner, the chief economist in the Morgan Stanley Wealth Management.

Rick Reader, chief global investment official in Global Income at Blackrock, said that the strong employment of health care jobs was helping to support the overall market, “But with some concrete signs of retreat, it seems that the basis under the labor market is flowing,” said Rick Reidere, Senior Global Investment Institute in Blackrock, said that strong health care jobs were helping to support the overall market.

While the data in the labor market is disappointing, it is still so weak that it screams the recession here, and the American economy continues to grow. The big question for investors is whether the labor market can remain in a balance as it is not so strong that it prevents the cuts in interest rates, but it is not so weak that the economy is declining.

The uncertainty about this helped lead to Friday fluctuations in the stock market. Wall Street needs things to contemplate because they have already sent stock prices to records amid expectations for Goldilocks scenario where they facilitate interest rates, and the economy continues to adhere to.



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