Major U.S. stock indexes closed lower as newly released employment figures intensified worries about the health of the economy. The August jobs report showed weaker-than-expected labor market growth, prompting investors to reassess the outlook for consumer spending and corporate earnings. In response, bond yields declined sharply, reflecting a flight to safety, while equities faced selling pressure across sectors. The yield on the 10-year Treasury note dropped significantly, underscoring investor caution. Market participants are now debating whether the Federal Reserve will adjust its monetary policy stance in light of the softening labor data. Some analysts suggest a potential pause in rate hikes, while others warn of lingering inflation risks. Amid the uncertainty, volatility returned to trading floors, with technology and growth stocks particularly affected.
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