Job market concerns take center stage as earnings season rolls on: What to watch this week.
watchlist ::
2025-08-04 ::
source - yahoo finance
By Josh Schafer
WASHINGTON, DC - JULY 30: Federal Reserve Chairman Jerome Powell talks
to reporters following the regular Federal Open Market Committee
meetings at the Fed on July 30, 2025 in Washington, DC. Despite great
pressure from President Donald Trump to lower rates, the U.S. central
bank left interest rates unchanged at a range of 4.25 percent to 4.5
percent. (Photo by Chip Somodevilla/Getty Images)
Stocks tumbled from record highs on Friday as data
revealed the US labor market is not on as solid footing as previously
thought.
On the week, the S&P 500 (^GSPC) fell nearly 2.4%, while the Nasdaq Composite (^IXIC) slid 2.2% and the Dow Jones Industrial Average (^DJI) shed 1.2%.
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