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09 Feb 2023

Stocks slide after jobs report shocks, Big Tech results disappoint | February 3, 2023

Stocks slide after jobs report shocks, Big Tech results disappoint | February 3, 2023#stocks #inflation #YahooFinance #recession #bitcoin #Biden #Stockmarket #coronavirus #memestocks #Fed #YahooFinance #investing #stockmarket #bitcoin #crypto To get the latest markets news check out finance.yahoo.com U.S. stocks tumbled Friday after government employment data showed more than half a million jobs were added in January — throwing a wrench in hopes for a pause on rate increases — while subpar earnings results from Big Tech giants weighed on investor sentiment. The U.S. economy added 517,000 jobs last month, far more than payroll gain of 188,000 expected by economists. The unemployment rate fell to 3.4%, the lowest since 1969. The S&P 500 (^GSPC) dropped 1%, while the Dow Jones Industrial Average (^DJI) shed abut 130 points, or 0.4%. The technology-heavy Nasdaq Compos

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