Nasdaq, stocks drop further after key jobs data: Market close
US stocks (^DJI, ^IXIC, ^GSPC) fall further to end September’s first trading week. The tech-heavy Nasdaq Composite plunged by over 2.5% while the S&P 500 fell by 1.72% as markets took in August’s jobs data released this morning.
Market Domination Overtime co-host Julie Hyman recaps the losses major market averages saw in Friday trading and over the past five sessions, noting the deepening sell-off occurring in Nasdaq 100 (^NDX) tech leaders.
For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime.
This post was written by Luke Carberry Mogan.
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