Poor employment data breaks the calm of US stocks

US stocks fell with a dark start for August on Friday, after the data showed a remarkable slowdown in work growth and an increase in the unemployment rate, and US President Donald Trump revealed a series of new customs duties. The S & B500 fell 1.6%, continuing the decline for the fourth consecutive day, which is the highest range of declines since May. The Nasdaq 100 index fell by 2%as Amazon decreased to the results of disappointing profits. Customs most affected sectors fell by 1% or more, while the shares of primary defense goods increased by 0.5%. The ‘CBOE VIX’ index jumped over the level of 20. The most dangerous stock market sectors were more damaged as the ‘Russell 2000’ index of small stocks fell by 2%, while the business sales index fell 3.1%. The US labor market is witnessing a remarkable weakness, the number of posts increased by 73,000 jobs in July, after the two -month data was changed by 260,000 posts, according to the Report of the Work Statistics office released on Friday. Over the past three months, the average growth of work has reached only 35,000 jobs, which is the worst since the pandemic. The unemployment rate has risen to 4.2%. The data has given a strong indication that the labor market has a remarkable weakness, with work growth slow and high unemployment rates. Read the details: A sharp slowdown in US employment with the increasing signals of the weak economy, Michael Uruk, the main market strategy of the ‘Jonstrading Instruction Services’:’ Standard increases, excessive assessments, in addition to customs duties, and the expected increase in inflation, all factors that make this time for sale Nearer -date of the customs duties that applied. “US President Trump has announced that he will direct officials to reject Erika McNertarv, the delegate of the Labor Statistics Office, hours after a report showing a sharp slowdown in the growth of work in the United States over the past three months.” The US general statistics represent the gold standard. To question them just to tell something you don’t like is to weaken the market confidence, ‘said Neil Dutta, head of the US economic research department at the Renaissance Macro Rustarch. The Governor of the Federal Reserve, Christopher, Wald and Michelle Bowman, expressed concern that policymakers in reducing interest rates could threaten to retain federal connection. Unchanged, which ignores Trump’s pressure, customs duties, which increase average US interest, at the same time, Trump launched a wave of new customs duties that produced the average US interest rate received from around the world, thus continuing to restructure international trade. 35%, and increased rates on countries such as Switzerland and New Zealand. In a week full of important economic data clearances, but this decline against the hard position of the Federal Reserve taken by the Federal Open Market Committee this week directly opposed this week. “Trump also threatened to impose additional customs duties with 40% on any product that Washington decided to recharge another country, a fine aimed at preventing goods, most of which of the seven large, the seven large, fell fell fell fell fell on Friday. which has been urging investors to search for indicators that the company’s major investment investments have announced in its revenue. Before the minor fluctuations in the index of 500 stocks.