September's hotly anticipated jobs data ended up cooling markets on Friday. Stocks fell sharply as investors evaluated the report, which showed more jobs than expected were added to the US economy and indicated that more pain-inflicting interest rate hikes from the Federal Reserve lie ahead.
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News: What you need to know about the markets | | | | A tale of two jobs markets | September's hotly anticipated jobs data ended up cooling markets on Friday. Stocks fell sharply as investors evaluated the report, which showed more jobs than expected were added to the US economy and indicated that more pain-inflicting interest rate hikes from the Federal Reserve lie ahead. Read more » | | Nobel Prize in economics awarded to trio including Ben Bernanke for work on financial crises | Former Federal Reserve Chair Ben Bernanke, Douglas Diamond and Philip Dybvig were awarded the Nobel Prize in economics on Monday for their work on banks and financial crises. Read more » | | Stocks sink after JPMorgan Chase CEO Jamie Dimon warns of recession | So much for a sleepy Columbus Day on Wall Street. Stocks weren't doing much Monday morning but took a nasty turn lower in the afternoon following stark comments from JPMorgan Chase CEO Jamie Dimon, who warned that the United States is likely to enter a recession within the next six to nine months. Read more » | | US economy will soon start losing 175,000 jobs a month, Bank of America warns | The Federal Reserve's fight to squash inflation will cause the US economy to start losing tens of thousands of jobs a month beginning early next year, Bank of America warns. Read more » | | Amazon will invest $970 million in electric vehicles for its European fleet | Amazon said Monday it plans to spend €1 billion, or $972 million, on electric vehicles for its European fleet. Read more » | | How not to run out of money in retirement | No one wants to run out of money before they die. Read more » | | | | | | | |
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| -93.91 | | -110.30 | | -27.27 | 29,202.88 | | 10,542.10 | | 3,612.39 | -0.32% | | -1.04% | | -0.75% | YTD -19.64% | | YTD -32.62% | | YTD -24.21% | | | |
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Biggest Winners | McCormick & Company Inc | +3.30% | | Merck & Co Inc | +3.29% | | Mosaic Co | +3.19% | | Advance Auto Parts Inc | +3.06% | | Biggest Losers | Bio Rad Laboratories Inc | -8.39% | | Norwegian Cruise Line Holdings Ltd | -7.67% | | Las Vegas Sands Corp | -7.55% | | Ford Motor Co | -6.89% | | | | | |
Hottest ETF | | | NYSE Market Volume | | | | | | |
Key Market Stats | Latest | Today's Change | | Oil | $90.74 | -1.90 / -2.05% | | Gold | $1,675.40 | -33.90 / -1.98% | | 10-yr | 3.89% | +0.01 | | Euro | $0.97 | -0.00 / -0.38% | | |
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