Market Report - US Close

US close: Stocks slip as payroll data underwhelms

By Benjamin Chiou

Date: Friday 07 Jun 2024

(Sharecast News) - US stocks slipped on Friday after key labour-market indicators came in stronger than forecasts, cementing expectations that the Federal Reserve will hold interest rates steady for longer in an effort to tame economic growth and fight inflationary risks.
The Dow finished down 0.2% at 38,798.99, the S&P 500...

Sign up for free or to read the full story

Email this article to a friend

or share it with one of these popular networks:


Article Archive

Top of Page