Dow drops 360 points after jobs data, after steepest fall since 2020

Photo caption: People walk by the New York Stock Exchange (NYSE) on May 05, 2022 in New York City. The Dow Jones Industrial Average fell over 1000 points as inflation fears continue to worry investors. Photo credit: Getty Images. Article by William Watts and Barbara Kollmeyer. Market Watch – updated May 6, 2022 at 9:44 a.m. ET.

U.S. stocks traded lower early Friday, extending losses after the biggest daily drop since 2020 on Thursday as investors weigh April jobs data amid heightened stagflation fears. […]

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