Home Blockchain News Dow Bloodbath Barrels into Day 5 as Awful Jobs Data Portends Recession

Dow Bloodbath Barrels into Day 5 as Awful Jobs Data Portends Recession

by Rss Feed from web
173 views
cryptocurrency news feed

The Dow and broader U.S. stock market tanked on Friday after government data showed job creation slowed to a crawl in February, stoking fears that the world’s largest economy was barreling toward recession. Stronger than expected wage growth offered temporary reprieve but failed to instill confidence in an investing public that has seen manufacturing and housing activity tumble in recent months. Dow Careens Toward Fifth-Straight Decline All of Wall Street’s major indexes declined sharply after the open, reflecting a dismal pre-market session for Dow futures. The majors were well off session lows by mid-morning but were still on track to

The post Dow Bloodbath Barrels into Day 5 as Awful Jobs Data Portends Recession appeared first on CCN

Click To Read Full Article

* First published on ccn.com

Related Posts

Leave a Comment