U.S. stock futures point to a Dow decline on Friday morning. But that could change when the government releases its monthly employment report.
2. Jobs reading is the big number for the market in a week of big numbers
Engines assembled as they make their way through the assembly line at the General Motors manufacturing plant in Spring Hill, Tennessee, August 22, 2019.with the unemployment rate holding steady at 50-year lows of 3.7%. However, two economic reports released earlier this week point to a slowdown in job growth. The Institute for Supply Manufacturing's sentiment measures for manufacturing and services came in well below expectations.
wrote, they fueled concern that the U.S. is heading either for a significant slowdown or even a recession.US President Donald Trump speaks to the press as he departs the White House in Washington, DC, for Florida on October 3, 2019.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Dow tumbles more than 500 points in midday trade, as stock-market skid gathers steamThe Dow Jones Industrial Average late-morning Wednesday was on pace for the worst daily drop in about six weeks, with the broader market logging a fresh...
Read more »
US stock futures: Dow shows signs of life after worst day this year'Ugly is the only way to describe it,' one analyst said. 'Not quite free-fall or panic, but very ugly.'
Read more »
The Dow is down more than 800 points in two days — Here's what's going onU.S. markets fell fallen broadly for two consecutive days as investors began showing concern in response to fresh signs of a looming economic recession.
Read more »
Dow transports suffer unanimous selloff; 2-day drop is biggest in a yearThe Dow Jones Transportation Average tumbled 270 points, or 2.7, with all 20 components losing ground, led by weakness in Avis Budget Group Inc.'s stock and...
Read more »
Dow falls 500 points on recession fears, political concernsWall Street takes another slide as disappointing employment data and a contraction in manufacturing activity fuel fears of a recession.
Read more »
Dow plunges more than 400 points on recession fears — Five experts on their future outlookStocks fell more than 400 points on disappointing U.S. economic data. Five experts break down the numbers and their future outlook for the market.
Read more »