Daily ETF Roundup: Stocks Drop On Disappointing Labor Data
U.S. equities slid today after a highly-anticipated labor report came in below expectations. Though buyers stepped in to snatch up downtrodden shares later in the session, the S&P 500 and Nasdaq still logged their worst one-week declines this year. Weighing heavily on the market, the report from the Labor Department showed employers added 88,000 jobs in March, well below the 200,000 forecast. The unemployment rate, however, notched lower to 7.6%, large due to people dropping out of the work force [see Free Member Report: How To Pick The Right ETF Every Time]. Global Market Overview: Stocks Drop On Disappointing Labor Data Following today’s disappointing employment report, all three major U.S. equity index fell to close in negative territory. The Dow Jones Industrial Average ETF fell 0.32%, as its underlying cut most of its losses after being down more than 170 points at its session low. The S&P 500 ETF slipped 0.45%, while the tech-heavy Nasdaq ETF shed 0.83%. In Europe, markets were broadly [...] Click here to read the original article on ETFdb.com. Related Posts: Daily ETF Roundup: Stocks End Lower After Fed Minutes Daily ETF Roundup: Wall Street Takes A Hit From Apple Upset Daily ETF Roundup: Stocks Pop On Earnings Euphoria The Most Successful ETFs Of All-Time Daily ETF Roundup: Stocks Rebound On Bank of Japan Move
U.S. equities slid today after a highly-anticipated labor report came in below expectations. Though buyers stepped in to snatch up downtrodden shares later in the session, the S&P 500 and Nasdaq still logged their worst one-week declines this year. Weighing heavily on the market, the report from the Labor Department showed employers added 88,000 jobs in March, well below the 200,000 forecast. The unemployment rate, however, notched lower to 7.6%, large due to people dropping out of the work force [see Free Member Report: How To Pick The Right ETF Every Time]. Global Market Overview: Stocks Drop On Disappointing Labor Data Following today’s disappointing employment report, all three major U.S. equity index fell to close in negative territory. The Dow Jones Industrial Average ETF fell 0.32%, as its underlying cut most of its losses after being down more than 170 points at its session low. The S&P 500 ETF slipped 0.45%, while the tech-heavy Nasdaq ETF shed 0.83%. In Europe, markets were broadly [...]

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