Hamilton Herald Masthead

Editorial


Front Page - Friday, September 6, 2024

Most of Wall Street slips as S&P 500 stays on track for worst week since April




NEW YORK (AP) — Most U.S. stocks fell following a mixed round of data on the economy, keeping them on track for their worst week since April.

The S&P 500 slipped 0.3% Thursday for a third straight drop, and the Dow Jones Industrial Average fell 0.5%.

The Nasdaq composite held up better than the rest of the market and rose 0.3% thanks to gains for Tesla and a handful of other Big Tech stocks.

Treasury yields eased a bit ahead of a highly anticipated report on Friday.

That's when the U.S. government will release its latest update on the strength of the jobs market.