Stock Market Today: Stocks Swing Lower as Early Jobs-Fueled Rally Fizzles
by Karee Venema
Sep 02, 2022
2 minutes
Stocks jumped out of the gate Friday after the release of the August jobs report. But enthusiasm from the few investors that stuck around ahead of the long holiday weekend didn't last, with all three indexes ending in the red.
The Labor Department this morning said the U.S. added 315,000 new jobs in August, well below July's 526,000. Also in the : the unemployment rate edged up to 3.7% from 3.5%; the labor participation rate, or the number of people
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