Nasdaq Down Over 300 Points; US Economy Loses 92,000 Jobs In February
U.S. stocks traded lower this morning, with the Nasdaq Composite falling more than 300 points on Friday.Following the market opening Friday, the Dow traded down 1.62% to 47,179.83 while the NASDAQ fell 1.47% to 22,414.12. The S&P 500 also fell, dropping, 1.38% to 6,736.10.Check This Out: How To Earn $500 A Month From Goldman Sachs Stock Ahead Of Q4 EarningsLeading and Lagging SectorsEnergy shares rose by 1% on Friday.In trading on Friday, financial stocks dipped by 2.2%.Top HeadlineThe U.S. economy lost 92,000 nonfarm payrolls in February 2026, according to data released Friday by the Bureau of Labor Statistics. The figure marked a sharp slowdown from January’s downwardly revised 126,000 job gains and came well below economists’ expectations of 59,000.The unemployment rate surprisingly ticked up from 4.3% to 4.4%, above forecasts of 4.3%. Meanwhile, average hourly earnings rose 0.4% month-over-month, matching January’s pace and topping consensus estimates of 0.3%.Equities Trading UP Peraso Inc (NASDAQ:PRSO) shares shot up 99% to $1.61 after the company announced InTACT selected its ...Full story available on Benzinga.com
