SanDisk Jumps 10%, Lululemon Crashes 17%: Stock Market Today
A blowout August jobs report pushed traders to price a coin-flip chance of a Federal Reserve rate hike this month, dragging the S&P 500 and Dow lower by midday Friday.
A big jobs report made traders think the Fed might raise interest rates soon, which made stock prices fall today. When people worry about rate hikes, they often sell stocks, so watching how companies react to Fed news helps you understand market mood.
Last session drawn · prints held ~15 minutes · licensed exchange data
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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