📉 U.S. Stocks Slump

Major indexes sank sharply — the S&P 500 and Dow Jones both fell about 1.2%, and the Nasdaq dropped over 1.5%, dragging markets lower. The S&P 500 even moved into negative territory for 2026 on the back of the sell-off. �

MarketWatch +1

A tech rout was a major driver, with big names like Microsoft, Amazon and others under pressure over growth outlook and corporate spending plans. �

Reuters

Asian markets also reflected the weakness, extending losses tied to the U.S. trend. �

Bloomberg.com

📊 What the Jobs Data Showed

Recent U.S. labor figures revealed job openings at the lowest level since 2020 and a notable drop in private hiring, pointing to a cooling job market. �

AP News

Weekly unemployment claims rose, intensifying concerns about labor market health. �

Nasdaq

🔎 Why Weak Jobs Data Hurts Stocks

Economic slowdown concerns: Softer employment suggests weaker consumer demand and slower economic growth, which tends to dent corporate earnings expectations and risk appetite. �

Nasdaq

Shift to safety: Investors often move money from stocks into bonds and safer assets when jobs data shows labor softness. �

MarketWatch

The tech sector — a major driver of markets — has been particularly sensitive to growth fears and valuation worries. �

Reuters

📌 Broader Context

Markets are trying to balance weak labor market signals with expectations around Federal Reserve policy. Slower job growth may raise hopes for future rate cuts, but falling stocks reflect investors’ short-term risk aversion and profit taking. �

Nasdaq

Volatility has risen, and safe-haven assets (like Treasuries and certain defensive sectors) have seen increased interest. �

MarketWatch

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