US dollar hits four-month low after February’s US jobs report shows rise in jobless rate and hiring
US job market grows amid threats of mass federal layoffs and Trump tariffs
This has also been a rough week for the oil price.
Brent crude, the international benchmark, has dropped by 4% so far this week to just over $70 per barrel.
Trump paused tariffs and the market sold off. The old adage that the market hates uncertainty rings true. How the heck are you supposed to make investments or plan?
The Nasdaq ended the session down 2.6%, while the S&P 500 finished 1.78% lower. Both are headed for weekly losses of around the 4% mark.
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