Markets

Stocks Plummet on Rate Hike Fears After Strong Jobs Report Signals Economic Resilience

S&P 500 falls more than 2.6% in its worst single-day drop of 2026, ending nine consecutive weeks of gains as investors worry about Federal Reserve action.

Stocks Plummet on Rate Hike Fears After Strong Jobs Report Signals Economic Resilience
Read the full reporting at NYT.

Originally reported by NYT.

stock market S&P 500 jobs report Federal Reserve interest rates inflation