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Closing Bell: U.S. Stocks Endure Unsettled Session After September Jobs Miss

May 24, 2023
in Trade Tube
Reading Time: 1 min read
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Stocks wavered in an unsettled session before ending with slight losses. A miss on the headline jobs number raised questions over the Federal Reserve’s rate-hike plans. Crude oil ended Friday sharply lower, though closed out the week with gains. A weekly read on the oil industry showed another increase in the number of active oil-drilling rigs in the U.S. Rig activity has risen in fourteen of the past fifteen weeks. Tyson

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