Published: Aug 04, 2024, 05:55 IST | Updated: Aug 04, 2024, 05:55 IST
World Business Watch Aug 04, 2024, 05:55 IST
Wall street slides on Friday
Wall Street faced sharp declines on Friday. The S&P 500 index fell around 2 percent while the NASDAQ composite entering corrected territory. The Dow Jones also lost as investors reacted to a weaker-than-expected July U.S. Jobs report, with nonfarm payrolls rising only 114,000 and unemployment increasing to 4.3%.