Consumer Cos Down After ADP Data Spurs Recession Fears - Consumer Roundup
Consumer companies fell after a tepid reading of private-sector employment boded ill for Friday's July jobs report. U.S. businesses generated just 99,000 new jobs in August, paycheck company ADP said, ...
Health Care Declines as Risk Aversion Weighs - Health Care Roundup
Novo Nordisk and Eli Lilly, the two leading makers of popular GLP-1 drugs, fell by 2.5% or more ahead of Friday's jobs data, eating into hefty year-to-date gains. A slowdown in U.S. economic activity ...
Industrials Decline After ADP Jobs Data - Industrials Roundup
Shares of industrial and transportation companies fell after a weak reading of private-sector jobs creation stirred worries about an economic slowdown. The stock market is likely to sell off further ...
Energy Drops as Oil Retreat Continues - Energy Roundup
Shares of energy companies fell as oil futures retreated for the fourth consecutive session.
Markets are uneasy as a U.S. recession looks more likely
Recession fears started to percolate in early August, when July jobs data showed the unemployment rate growing to 4.3%. The increase in unemployment triggered the recession-indicating Sahm rule and a ...