NASDAQ, S&P 500, and Dow Jones Crash as NFP Revisions Shake Markets – Key Forecasts for Stock Traders
Key Points:SP500 declined below the 6250 level as traders focused on the disappointing Non Farm Payrolls report. NASDAQ pulled back towards the 22,700 level as traders rushed to take profits in tech stocks. Dow Jones tested support at 43,300 – 43,400.SP500SP500 010825 4h ChartSP500 is under strong pressure as traders react to the Non Farm Payrolls report. The report showed that U.S. economy added 73,000 jobs in July, compared to anlayst forecast of 110,000. Reports for previous two months were r