US stock market = All 3 indices fell, uncertainty remains about the magnitude of the Fed rate cut.

September 7, 2024, 6:25 AM GMT+9 (excerpt)

The US stock market ended trading with declines for all major 3 indices. The August employment statistics released on this day indicated a continued slowdown in the labor market, but there remained uncertainty among traders about the magnitude of the rate cut by the Federal Reserve (FRB).
Among the 11 sectors of the S&P 500, telecom services (.SPLRCL), consumer staples (.SPLRCD), and information technology (.SPLRCT) experienced sharp declines.
On a weekly basis, both the S&P 500 Index and the Dow Jones Industrial Average recorded their largest declines since March 2023. The Nasdaq's decline was the largest since January 2022.