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News updates from September 6: US adds 142,000 jobs in August; Wall Street stocks turn in worst week in 18 months

Financial Times LogoFinancial Times2d ago

News updates from September 6: US adds 142,000 jobs in August; Wall Street stocks turn in worst week in 18 months - Financial Times

Quick Summary:

Share in Broadcom closed 10.4 per cent lower on Friday, while Nvidia dropped 4.1 per cent.Intel fell 2.6 per cent and Advanced Micro Devices was shed 3.7 per cent.

Volatility on Wall Street hit its highest level in a month as investors came to the end of a week in which semiconductor stocks continued to sell off and a run of soft economic data stirred debate about how aggressively the Federal Reserve might cut interest rates.

The UK’s border security and asylum minister declined to confirm reports that the Ministry of Justice was considering renting prison cells from Estonia to alleviate the overcrowding crisis, but said the government was “considering all sorts of actions”.“I think that colleagues in the MoJ will be considering anything that they can to alleviate the problem,” Dame Angela Eagle told Sky News on Friday.“What we cannot have is people who are convicted of perhaps violent or serious crimes not being able to be in jail,” she added.“I’m sure that colleagues are considering all sorts of actions to deal with the crisis that we’ve been left by the previous government in prison places and the prison service, and the criminal justice system generally.


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Article Details

Author / Journalist: Peter Wells

Category: MarketsFinanceInvesting

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-06 @ 20:56:42 (2 days ago)

News Timezone: GMT -5:00

News Source URL: ft.com

Language: English

Article Length: 4972 words

Reading Time: 28 minutes read

Sentences: 182 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Financial Times

News ID: 22411070

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About Financial Times

Financial Times Logo

Main Topics: MarketsFinanceInvesting

Official Website: ft.com

Update Frequency: 6 posts per day

Year Established: 1888

Headquarters: United States

News Last Updated: 18 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #3

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The story "News updates from September 6: US adds 142,000 jobs in August; Wall Street stocks turn in worst week in 18 months" was covered 2 days ago by Financial Times, a news publisher based in United States.

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It's most recent story was published 18 hours ago.

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  • URL: https://beamstart.com/news/news-updates-from-september-6-17258074042307

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