US markets tumble amid Wall Street concern over job losses and AI
S&P 500 down 1.1% and Nasdaq down 1.9% as hiring freezes and layoffs sharpen fears US economy is slowing Fears that the US economy is slowing, with firms shedding jobs and imposing hiring freezes, sent Wall Street tumbling on Thursday. The S&P 500 index of leading firms was down 1.1% as (…)
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