Article 6VSB0 US unemployment rate rises to 4.1% as economy added 151,000 new jobs in February – as it happened

US unemployment rate rises to 4.1% as economy added 151,000 new jobs in February – as it happened

by
Graeme Wearden
from on (#6VSB0)

US dollar hits four-month low after February's US jobs report shows rise in jobless rate and hiring

This has also been a rough week for the oil price.

Brent crude, the international benchmark, has dropped by 4% so far this week to just over $70 per barrel.

Trump paused tariffs and the market sold off. The old adage that the market hates uncertainty rings true. How the heck are you supposed to make investments or plan?

The Nasdaq ended the session down 2.6%, while the S&P 500 finished 1.78% lower. Both are headed for weekly losses of around the 4% mark.

Continue reading...
External Content
Source RSS or Atom Feed
Feed Location http://feeds.theguardian.com/theguardian/business/economics/rss
Feed Title
Feed Link http://feeds.theguardian.com/
Reply 0 comments