Stock Market Today: Nasdaq Falls for a Fifth Straight Day
by Karee Venema
Sep 01, 2022
2 minutes
Stocks kicked off September on a choppy note, though two of the major market indexes managed to push higher in the final minutes of trading.
Thursday's early selling came courtesy of stronger-than-expected economic data that stoked worries the Federal Reserve will continue to be aggressive in raising rates and hold them higher for longer. Specifically, the Labor Department this morning said weekly jobless claims fell by 5,000 last week to a seasonally adjusted 232,000. Economists
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