By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
24x7Report24x7Report
  • Home
  • World News
  • Finance
  • Sports
  • Beauty
  • Fashion
  • Fitness
  • Gadgets
  • Travel
Search
© 2023 News.24x7report.com - All Rights Reserved.
Reading: US stocks tumble amid tech sell-off as investors weigh mixed jobs data
Share
Notification Show More
Aa
24x7Report24x7Report
Aa
Search
  • Home
  • World News
  • Finance
  • Sports
  • Beauty
  • Fashion
  • Fitness
  • Gadgets
  • Travel
  • en English
    • en English
    • id Indonesian
    • ms Malay
    • es Spanish
Follow US
© 2023 News.24x7report.com - All Rights Reserved.
24x7Report > Blog > Finance > US stocks tumble amid tech sell-off as investors weigh mixed jobs data
Finance

US stocks tumble amid tech sell-off as investors weigh mixed jobs data

Last updated: 2024/03/09 at 7:18 AM
Share
2 Min Read
US stocks tumble amid tech sell-off as investors weigh mixed jobs data
SHARE
  • US shares slid decrease on Friday, dragged down by a sell-off in tech.

  • The Nasdaq tumbled after touching document highs, pulled down by a pointy drop for Nvidia.

  • The roles report was a blended bag, with traits boding properly for charge cuts however pointing to a cooler financial system.

US shares tumbled on Friday, dragged down by a sell-off in tech.

The Nasdaq ended down greater than 1% after touching an all-time excessive earlier within the day. Stoking the rout was Nvidia, which dropped by 5.5%.

Shares fizzled after contemporary jobs knowledge rolled in hotter than anticipated on Friday, however included indicators of a cooling financial system. The US added 275,000 new jobs in February, which blew previous estimates of 200,000. On the similar time, downward revisions to prior months’ figures pushed the unemployment charge as much as 3.9%, the highest level in two years. In the meantime, wage progress slowed down throughout the month.

These elements bode properly for charge cuts however are an acknowledgement that the financial system could lastly be slowing after a interval of gorgeous energy all through all of final 12 months.

All eyes will shift to the buyer value index report slated for subsequent Tuesday. Inflation in January got here in at 3.1%, larger than anticipated.

This is the place US indexes stood on the closing bell at 4:00 p.m. on Friday: 

This is what else is occurring:

In commodities, bonds, and crypto: 

Learn the unique article on Business Insider

See also  Dow Jones Futures Fall: Market Rally Rangebound, Five Stocks Near Buy Points; Tesla Earnings Due

You Might Also Like

Ending China’s De Minimis Exception Brings 3 Benefits for Americans

The Trump Tariff Shock Should Push Indonesia to Reform Its Economy

Tariff Talks an Opportunity to Reinvigorate the Japan-US Alliance

How China’s Companies Are Responding to the US Trade War

The US Flip-flop Over H20 Chip Restrictions 

TAGGED: data, Investors, Jobs, Mixed, selloff, stocks, Tech, Tumble, Weigh

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
I have read and agree to the terms & conditions
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share this Article
Facebook Twitter Copy Link Print
Share
Previous Article How to watch Los Angeles Lakers vs. Milwaukee Bucks: TV channel, NBA live stream info, start time
Next Article New Study Suggests Anti-Asian Hate And Fear Remain High In New York City New Study Suggests Anti-Asian Hate And Fear Remain High In New York City

Stay Connected

1.30M Followers Like
311 Followers Pin
766 Followers Follow

Latest News

Holistic Approaches to Support Your Skin’s Natural Glow
Beauty May 7, 2025
Elevate Your Aesthetic: how to Master the Effortlessly Chic Look
Beauty May 4, 2025
Cambell Kenneford Inspires a New Trans Generation
Beauty May 3, 2025
The Simple Benefits of DIM Supplements
Beauty May 2, 2025
Gynecomastia Surgery Is the Confidence Upgrade More Men Are Talking About
Beauty May 1, 2025
//

This is your World, Finance, Fitness, Fashion  Sports  website. We provide the latest breaking news straight from the News industry.

Quick Link

  • Contact
  • Privacy Policy
  • Terms & Conditions

Top Categories

  • Fashion
  • Finance
  • Fitness
  • Gadgets
  • Travel

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

I have read and agree to the terms & conditions
24x7Report24x7Report
Follow US

© 2023 24x7Report.com - All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?