U.S. stocks drop; mixed jobs report clouds rate outlook

September 5, 2015 1:35 AM

50 0

U.S. stocks drop; mixed jobs report clouds rate outlook

NEW YORK — It’s an adage that investors hate uncertainty. Unfortunately for them, they got more of it on Friday.

The stock market has been volatile for weeks on concern that China’s economy is slowing more rapidly than previously thought. But investors have also had to contend with uncertainty about the outlook for interest rates.

Also read: U.S. Consumer Spending Rises at More Moderate Pace, Incomes Jump

Read more

To category page

Loading...