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Dow closes 600 points lower as rising Treasury yields and oil prices pressure stocks: Live updates CNBCStock Market Today: Dow Opens Lower, Oil Ticks Higher After Mideast Fighting, Stock Futures Mixed — Live Updates WSJStock market today: Dow ends 619 points lower, Nasdaq drops and S&P 500 snaps 9-day win streak as tech wobbles, oil climbs to highest level in more than a week MarketWatchStock Market Today: Dow Drops 620 Points After Iran War Jitters; Broadcom Hits Highs Investor's Business Daily
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While tech gets all the blame for a brutal entry-level job market, data suggests a different pandemic-era shift is making companies terrified of hiring rookies.
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ADP said U.S. businesses created 122,000 new jobs in May to mark the biggest increase in 16 months, another sign that points to an increase in hiring and a rebound in what's been a very sluggish labor market.
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Earnings beats mean a lot more when it happens to stocks the market gave up on.
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Goldman Sachs CEO David Solomon's comments come as investors prepare for what will be one of the busiest periods for equity issuance in years.
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