Hot jobs data fueled worries the Fed may need to keep interest rates high to tamp down the resilient job market, while the CBOE volatility index, Wall Street's "fear gauge," hit its highest close since May 24.
Dow tumbles into the red for the year after unexpected jobs data, Washington chaos
New York Post - 4 Oct 2023 00:55
Hot jobs data fueled worries the Fed may need to keep interest rates high to tamp down the resilient job market, while the CBOE volatility index, Wall Street's "fear gauge," hit its highest close since May 24.
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