Stock Market Today: Stocks Swing Lower as Early Jobs-Fueled Rally Fizzles

The major indexes all rose more than 1% after data showed job growth slowed in August, but erased those gains by the close.

blue ticker board with red outline of arrow pointing down
(Image credit: Getty Images)

Stocks jumped out of the gate Friday after the release of the August jobs report. But enthusiasm from the few investors that stuck around ahead of the long holiday weekend didn't last, with all three indexes ending in the red.

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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.