Stock Market Skids After Strong Jobs Report; Trump Makes Trade Threat As CPI Data Looms
The stock market fell Friday as the U.S. jobs report came in stronger than expected, stoking nervousness about a central bank rate hike, while President Donald Trump made a trade threat. New inflation data looms in the shortened trading week ahead. The Nasdaq composite dipped 0.3% Friday, but clung on to a weekly gain of 0.4%. Importantly, the tech-heavy index…
Stock Market Skids After Strong Jobs Report; Trump Makes Trade Threat As CPI Data Looms
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