Tag: employment

  • Dow Jones, S&P, Nasdaq: Stocks Erase Early Gains on US Labor Market Concerns

    Dow Jones, S&P, Nasdaq: Stocks Erase Early Gains on US Labor Market Concerns

    U.S. stock indexes fell today due to concerns over rising jobless claims, wiping out early gains. The S&P 500 slipped by 0.25% as economic data revealed jobless claims reached an eight-month high. Trade deficit numbers improved, but mixed signals on productivity and labor costs created uncertainty ahead of key employment data expected later this week.…