General Discussion

https://www.cnbc.com/2025/09/04/stock-market-today-live-updates-.html

S&P 500 gives up gain as traders balance job market worries with rate cut hopes: Live updates

A fragile rally dissolved in the first hour of trading as rate cut hopes gave way to worries about a slowing economy following weaker-than-expected August jobs figures.

The S&P 500
dropped 0.8%, while the Nasdaq Composite
declined 0.7%. The Dow Jones Industrial Average
fell 330 points, or 0.7%. That move lower took out the S&P 500′s gain for the week.
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The August jobs report saw the U.S. economy add 22,000 jobs on the month, the Bureau of Labor Statistics reported Friday. That’s below the 75,000 that economists polled by Dow Jones had expected. The unemployment rate also rose to 4.3%, in line with expectations.

Traders are hoping the reading will lend support to the Fed’s case to go ahead with an expected rate cut at its September policy meeting. Fed funds futures trading suggests that benchmark interest rates will likely move a quarter percentage point lower when the central bank makes a decision on Sept.17, according to the CME Group’s FedWatch tool.
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