Stocks Reverse Sharply Lower as Tech Stocks Get Crushed
Yahoo Financeยท2025-11-20 21:38
US Sep average hourly earnings remained unchanged from Aug at +3.8% y/y, stronger than expectations of +3.7% y/y.US Sep nonfarm payrolls rose by +119,00 beating expectations of +51,000 and signaling a stronger labor market000. The Sep unemployment rate unexpectedly rose by +0.1 to a nearly four-year high of 4.4%, showing a weaker labor market than expectations of no change at 4.3%.US weekly initial unemployment claims fell by -8,000 to 220,000, showing a stronger labor market than expectations of 227,000. H ...