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Dell and Palantir are poised to be added to the S&P 500 index, replacing Etsy and American Airlines, respectively.
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Markets: September has been around for one week, and it’s already taking a toll on the market. Stocks dipped yesterday after new government data showed the labor market continuing to cool, capping off the S&P 500’s worst week since March 2023 and the NASDAQ’s worst since 2022. Nvidia had another rough day as investors fretted about tech stocks.
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The Labor Department said that the economy added 142,000 jobs in August, which was fewer than economists expected, bringing the three-month job creation average to its lowest since mid-2020.
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Visualize: How private equity tangled banks in a web of debt, from the Financial Times.
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Filed under: Information Technology, Investing, Marcinko Associates, Recommended Books, Sponsors | Tagged: American Airlines, Dell, DJIA, DOW, Etsy, labor, Labor Department, Marcinko, NASDAQ, Nvidia, Palantir, S&P 500, textbooks, TNX, VIX, WSJ |
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