» Subscribe Today!
The Power of Information
Home
The Ledger - EST. 1978 - Nashville Edition
X
Skip Navigation LinksHome > Article
VOL. 46 | NO. 48 | Friday, December 2, 2022

Wall Street ends mixed following strong data on wages, jobs

The Associated Press

Print | Front Page | Email this story

Worries about inflation weighed on Wall Street, leaving major indexes mixed after another bumpy day of trading.

The S&P 500 ended down 0.1% and the Nasdaq lost 0.2% after being down even more earlier in the day. The Dow ended slightly higher.

A government report showing that wages rose last month spooked investors since it could mean the Federal Reserve will be less able to ease up on its fight against inflation.

The yield on the two-year Treasury, which tends to track expectations for future Fed action, rose following the release of the report, which also showed that hiring was stronger than anticipated.

Follow us on Facebook, Twitter & RSS:
Sign-Up For Our FREE email edition
Get the news first with our free weekly email
Name
Email  
TNLedger.com Knoxville Editon
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 0 0 0
MORTGAGES 0 0 0
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 0 0 0
BANKRUPTCIES 0 0 0
BUSINESS LICENSES 0 0 0
UTILITY CONNECTIONS 0 0 0
MARRIAGE LICENSES 0 0 0