Weekly Market Update: Volatility Increases Ahead of Holiday
U.S. stocks fell more than 1% across the board Friday, as the Nasdaq Composite completes a six-session losing streak. Materials and Information Technology names led the way lower last week. August jobs data was mixed in Friday''s report. The U.S. economy added 315,000 non-farm payrolls last month, as the headline unemployment rate moved up toward 3.7%. Elsewhere, the Institute for Supply Management (ISM) said on Tuesday that U.S. manufacturing activity exceeded expectations in August. The Week Ahead U.S. markets are closed on Monday for a holiday. Kroger (KR) headlines a relatively light earnings calendar next week.
Weekly Market Update: Volatility Increases Ahead of Holiday
U.S. stocks fell more than 1% across the board Friday, as the Nasdaq Composite completes a six-session losing streak. Materials and Information Technology names led the way lower last week. August jobs data was mixed in Friday''s report. The U.S. economy added 315,000 non-farm payrolls last month, as the headline unemployment rate moved up toward 3.7%. Elsewhere, the Institute for Supply Management (ISM) said on Tuesday that U.S. manufacturing activity exceeded expectations in August. The Week Ahead U.S. markets are closed on Monday for a holiday. Kroger (KR) headlines a relatively light earnings calendar next week.