CNBC Daily Open: Investors sold off, anxious about the monthly U.S. jobs report
Publishing timestamp: 2023-03-10 01:50:17
Summary
Investors are nervous about the state of the economy, with banking stocks selling off sharply on Thursday. The markets are waiting for the monthly US jobs report, with economists predicting strong job growth and a potential half-point rate hike from the Federal Reserve. Asia-Pacific markets fell on Friday, and the Bank of Japan left its interest rate and yield curve control policy unchanged. Despite some signs of a cooling labor market, economists still expect sustained strength in employment.
Sentiment: NEGATIVE
Tickers: FRC, WFC, SBNY, PACW, BAC,
Keywords: jobs, united states, china, bank of america corp, wells fargo & co, japan, world markets, markets, banks, signature bank, business news, pacwest bancorp, first republic bank, economic events,
Source: https://www.cnbc.com/2023/03/10/stock-markets-investors-sold-off-anxious-about-us-jobs-report.html