Article

Investor anxiety in the U.S. economy has surged following disappointing employment data and rising trade tensions. The Bureau of Labor Statistics revealed a mere 73,000 nonfarm payroll additions in July, well below the expected 100,000.

This disappointing performance triggered a significant sell-off in stock markets, with the Dow Jones plummeting nearly 700 points before recovering slightly, closing down 1.22% at 43,592.91. The S&P 500 and Nasdaq followed suit, declining by 1.34% and 1.69%, respectively, reflecting growing concerns over future economic growth.