Reuters
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LIVE: Nasdaq set to plunge into a correction after weak employment numbers
Posted
August 2, 2024
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August 2, 2024
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1:09:15Now PlayingThe Nasdaq was set to plunge into a correction on Friday, falling more than 10% from its July peak after weak employment numbers aggravated worries of a slowdown in the U.S. economy, while Amazon and Intel's downbeat forecasts dampened sentiment.
The S&P 500 hit its lowest level since July 11 and the Dow was on track for its biggest two-day percentage fall since early March 2023.
#Live #NYSE #NASDAQ #S&P500 #S&P #stocks #markets #economy #jobs #unemployment #Amazon #Intel #business #news #Reuters
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