Shares of online work marketplace Upwork (NASDAQ:UPWK)
fell 4.8% in the afternoon session after a report showed the U.S. labor market is cooling, with fewer jobs added in August than anticipated. The U.S. economy added a lower-than-expected 22,000 jobs, suggesting a potential slowdown in hiring. For a company like Upwork, which runs a marketplace connecting businesses with freelancers, a weaker labor market can be a significant headwind.
Shares of personal care and home fragrance retailer Bath & Body Works (NYSE:BBWI)
fell 5.7% in the afternoon session after a weak U.S. jobs report and signs of a broader retail sector pullback. The latest U.S. nonfarm payrolls data showed a disappointing gain of only 22,000 jobs, far below the market estimate of 75,000, while the unemployment rate ticked up to 4.3%, its highest level since December 2021. This indicates that employers are cautious about hiring in an uncertain economic environment.
Shares of asset management firm WisdomTree (NYSE:WT) fell 3.9% in the afternoon session after a broader market downturn as investors assessed the state of the U.S. job market. The decline was not unique to WisdomTree, as U.S. stocks broadly fell while Wall Street debated whether the labor market has slowed too much. The negative sentiment impacted major stocks across the market, including AI-related chip company Nvidia, which dropped 4%. This widespread sell-off suggests that WisdomTree's stock was caught in the larger market currents driven by economic uncertainty rather than company-specific news.
Shares of electronic brokerage firm Interactive Brokers (NASDAQ:IBKR) fell 6% in the afternoon session after a much weaker-than-expected August jobs report triggered a broad market sell-off amid concerns about the U.S. economy. The U.S. economy added only 22,000 jobs in August, falling significantly short of the 75,000 that forecasters had anticipated. This disappointing hiring data, coupled with the unemployment rate climbing to a 46-month high of 4.3%, sparked what one report called "jobs angst" on Wall Street.
A number of stocks fell in the afternoon session after the August jobs report came in significantly weaker than anticipated, sparking fears of a slowdown in consumer spending.
Shares of arcade company Dave & Buster’s (NASDAQ:PLAY) fell 2.6% in the afternoon session after investors reacted to broader market concerns about the health of the U.S. job market.
Shares of healthcare tech company GoodRx (NASDAQ:GDRX)
fell 4.9% in the afternoon session after a report on the U.S. job market raised concerns about a potential recession.
Global financial markets are currently navigating a turbulent sea, buffeted by a relentless storm of escalating trade tensions and proliferating geopolitical risks. The convergence of these powerful forces is casting a long shadow over investor sentiment, amplifying market volatility, and injecting profound uncertainty into corporate outlooks worldwide. From punitive tariffs
The technology sector is currently navigating a period of profound transformation, characterized by the continued ascendancy of artificial intelligence (AI) innovation even as broader market volatility creates headwinds for established players. While AI-driven companies like Broadcom (NASDAQ: AVGO) are reporting stellar earnings, fueled by insatiable demand for the infrastructure underpinning
U.S. corporations have delivered a remarkably strong performance across the first three quarters of 2025, consistently surpassing Wall Street's earnings estimates and injecting a much-needed jolt of optimism into the financial markets. This robust showing, particularly pronounced in the second quarter, has largely mitigated earlier concerns about decelerating growth
The broader stock market is once again making headlines as the S&P 500 index continues its relentless march into uncharted territory, consistently hitting new record highs. This impressive climb, with the index surpassing 6,500 points recently, naturally sparks a crucial question: is this a truly robust, broad-based rally,
The financial markets are on the cusp of a significant shift, with the Federal Reserve widely anticipated to enact an interest rate cut in September 2025. This pivotal move is primarily driven by clear and compelling evidence of a weakening U.S. labor market, signaling a strategic pivot by the
Shares of railway infrastructure company L.B. Foster (NASDAQ:FSTR)
fell 3% in the afternoon session after a surprisingly weak August jobs report revealed the U.S. economy added far fewer jobs than anticipated.
A number of stocks fell in the afternoon session after a surprisingly weak August jobs report revealed the U.S. economy added far fewer jobs than anticipated.
A number of stocks fell in the afternoon session after a surprisingly weak August jobs report revealed the U.S. economy added far fewer jobs than anticipated. The Bureau of Labor Statistics reported that non-farm payrolls rose by just 22,000, significantly missing the 75,000 expected by economists. Compounding the concerns, the unemployment rate climbed to 4.3%, its highest level in nearly four years. The report also included downward revisions to previous months' data, with June now showing the first net job loss since 2020. While a cooling labor market could encourage the Federal Reserve to cut interest rates, investors reacted negatively. The sharp slowdown in hiring sparked fears of a broader economic downturn, causing stocks to fall as the market weighed whether the Fed's potential actions would be enough to prevent a recession.
A number of stocks fell in the afternoon session after a surprisingly weak August jobs report revealed the U.S. economy added far fewer jobs than anticipated.
The company's second-quarter revenue came in at $36.3 million, compared with Wall Street expectations of $29.70 million, according to data compiled by Fiscal AI.
Shares of educational publishing and media company Scholastic (NASDAQ:SCHL)
jumped 5% in the afternoon session after reports of a positive consensus rating from Wall Street analysts. The children's publishing, education, and media company currently holds a "Buy" consensus rating, according to three financial analysts. This collective positive outlook suggests that market experts see potential for the stock's value to increase. Such ratings often influence investor sentiment and can be a catalyst for stock price movements, reflecting confidence in the company's financial health and future prospects.
Shares of technology real estate company Opendoor (NASDAQ:OPEN)
jumped 9% in the afternoon session after the company continued its rally, fueled by strong retail investor interest and an insider stock purchase, while shrugging off a negative report from a short-seller.
Shares of technology giant Microsoft (NASDAQ:MSFT) fell 2.6% in the afternoon session after disclosure that CEO Satya Nadella sold a significant amount of company stock, compounding a broader sell-off in the technology sector.
Shares of online home goods retailer Wayfair (NYSE:W)
jumped 6% in the afternoon session after the company presented its strategic outlook at the Goldman Sachs 32nd Annual Global Retailing Conference.
Shares of footwear company Caleres (NYSE:CAL)
jumped 11.4% in the afternoon session after investors looked past a significant earnings miss from the previous day, focusing instead on recent market share gains and a strategic acquisition.
Explore the S&P500 index on Friday and find out which stocks are the most active in today's session. Stay updated with the stocks that are capturing market interest.
Salesforce's Q2 results and guidance highlight the business quality, cash flow, and reliability: attractive qualities for long-term investors interested in AI.
Chewy is forecast to beat Q2 sales guidance with projected revenue of $3.08 billion as analysts highlight its strong position in the online pet market.
