The U.S. labor marketplace remained a vivid spot in the financial system very last month even with mounting talks of a recession, data from the Labor Section confirmed Friday. Below are the crucial figures from Friday’s report: Non-farm payrolls: +372,000 vs. +268,000 expected and a revised +384,000 in May perhaps […]

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U.S. stocks slid Friday to close the week lower as investors weighed May jobs data that likely gave Fed policymakers a signal labor market conditions can weather a more aggressive rate hiking cycle. Friday’s sell-off was led by tech stocks, with the Nasdaq Composite falling 2.5{1b90e59fe8a6c14b55fbbae1d9373c165823754d058ebf80beecafc6dee5063a}. The S&P 500 fell […]