Wall Street today: Wall Street losses deepened on Friday, August 2, with a sharp drop in US equities and US Treasury yields at multi-month lows after a weak jobs report fueled worries the US Federal Reserve has been too slow to cut key the interest rates, risking a more pronounced […]
US jobs report
Equities retreated from their all-time highs as traders refrained from making any big bets ahead of the data. A 22V Research survey shows there’s no consensus about the market reaction — with 36% of the investors polled betting on a “risk-off” move, 33% saying “risk-on”, and 31% “negligible/mixed.” Treasuries joined […]