Major stock indexes in the United States reversed their course yet again, in a volatile premarket trading session on Thursday, following the release of the latest employment data.
The most recent jobs reports showed once more that the country's labor market remains resilient in spite of the Federal Reserve's continuous interest rate increases. Such events could push the central bank to stay in the restrictive territory for longer than expected.
The Dow Jones slid 0.48% or 155 points, at 8:44 am ET. The Nasdaq 100 was down 0.55%, while the S&P 500 declined 0.48% at 8:45 am ET. The euro lost 0.30% against the dollar at the same time, selling for $1.05720 simultaneously.
