Stock Market Today: S&P, Nasdaq Retreat After Sizzling Jobs Report

The U.S. economy has now recouped all of the jobs it lost at the onset of the pandemic, with the unemployment rate falling to its lowest level since early 2020.

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(Image credit: Getty Images)

A milestone jobs report sent stocks lower on Friday as it sparked concern the Fed will stay aggressive with its rate hikes.

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Karee Venema
Senior Investing Editor,

With over a decade of experience writing about the stock market, Karee Venema is the senior investing editor at She joined the publication in April 2021 after 10 years of working as an investing writer and columnist at Schaeffer's Investment Research. In her previous role, Karee focused primarily on options trading, as well as technical, fundamental and sentiment analysis.