S&P 500 on Track for Worst Week Since March 2023 Amid Labor Market Woes: Markets Wrap
The S&P 500 is heading toward its steepest weekly decline since March 2023, with bonds fluctuating as a disappointing U.S. labor report reignited concerns over a cooling economy and questions about whether the Federal Reserve is responding quickly enough to avert further damage. The S&P 500 fell 1.5%, while the Nasdaq 100 plunged 2.4%, both