Stock market market today: Dow flows more than 500 points as a shock number Wall Street

At the end of the negotiation, the industrial average of Dow Jones fell by 542 points (-1.23%). The NASDAQ flowed 2.24% and the S&P 500 dived -1.6%.

The non -agricultural payroll increased by 73,000 last months, which was much less than 100,000 economists. In addition, the Department of Labor revised in previous months, saying that the employment of the employment of June, which had previously been declared to 147,000, was in fact only 14,000. The Mayan count also increased from 144,000 to 19,000.

This said that the labor market has been low for some time now, something many Americans suspected, despite the bullish work figures. The only good side possible is that it could give the federal reserve a reason to reduce interest rates earlier than expected.

“Today’s data signals point out the labor market conditions continue to cool down and although milder conditions do not guarantee a warning signal for investors, it should place market players, in particular the Fed in opinion that economic conditions change,” said Charlie Ripley, main investment strategist for Allianz Investment Management.

Before the publication of the report on jobs, prices weighed on actions, however. Trump has updated the samples overnight, which now vary from 10% to 41%. Even the goods that have been transpired to avoid prices will now face a price of 40%. And Canada will now have a 35%levy, compared to 25%.

Macquarie’s strategists, Thierry Wizman and Gareth Berry, in a note to investors, wrote that trade at the beginning of the month was starting “with a little panic”.

In the midst of all this, Trump resumed his public reviews of the president of the Fed, Jerome Powell, apparently encouraging the Fed board of directors to launch a coup.

“Jérôme” Too late “Powell, an obscure moron, must now reduce interest rates,” said Trump. “If he continues to refuse, the board of directors should assume control and do what everyone knows to do!”

The opening of the low market comes after three consecutive days of losses for the S&P 500. So far this year, the S&P 500 has increased by 6.6%. The DOW is up 2.45% and the NASDAQ joined 6.9%.