Dow falls more than 200 points as growth fears simmer ahead of major jobs report: Live updates
Publishing timestamp: 2024-09-05 13:49:27
Summary
Stocks struggled as investors dumped risk assets and concerns mounted over the outlook for the U.S. economy ahead of Friday's labor report. Nasdaq Composite added 0.3%, S&P 500 dropped 0.3%, and Dow Jones Industrial Average shed 220 points. Tesla rose 4% after announcing plans for full self-driving software in Europe and China, while Frontier Communications dropped 8% after Verizon announced a $20 billion deal to buy the company. JetBlue Airways and G-III Apparel Group saw stock movements after releasing financial results. U.S. Steel rose after President Biden's plans to block a sale to Japan's Nippon Steel. Market volatility is high, with fears of a recession and potential earnings disappointments. Nasdaq Composite and technology stocks saw gains, while the U.S. services sector expanded slightly faster than expected in August.
Sentiment: MIXED
Tickers: AMGN, AAPL, AVAV, HAL, HES, SPGI, @DJ.1, .IXIC, HPE, TRV, NVDA, GIII, @ND.1, .DJI, INTC, DUK, CB, CMCSA, .SPX, AI, TSLA, MRK, ATO, HON, .VIX, APA, JBLU, FYBR, GOOGL, SLB, WELL, VZ, WBA, OXY, PG, IBM, ARM, AMZN, MMC, PM, DG, HD, CL, X, SO, MODG, UNH, @SP.1,
Keywords: united states, breaking news: markets, business news, s&p 500 fut (mar'23), nasdaq composite, verizon communications inc, stock markets, markets, nasdaq 100 fut (mar'23), tesla inc, dow jones fut (mar'23), dow jones industrial average, s&p 500 index, frontier communications parent inc,
Source: https://www.cnbc.com/2024/09/04/stock-market-today-live-updates.html