Stocks Fade on Jobs Data and Growing Risk of Recession
June 01, 2023 at 09:33 AM EDT
Stocks Fade on Jobs Data and Growing Risk of Recession Equities extended losses for the second day as the Labor Department’s JOLTS report showed job openings unexpectedly surged to over 10 million in April - the highest number in three months. While this release reinforced speculation the Federal Reserve will have room for another interest-rate hike over the next two meetings, it’s very hard to […] Tags: Market Minute The post Stocks Fade on Jobs Data and Growing Risk of Recession appeared first on Money Morning - We Make Investing Profitable .