Take the Zacks Approach to Beat the Markets: Philip Morris, IAMGOLD, Solventum in Focus
IAGIAMGOLD(IAG) ZACKS·2024-09-09 22:30

All three major U.S. indexes closed last week in the red. The Nasdaq Composite, the S&P 500, and the Dow Jones Industrial Average declined 2.6%, 2.2% and 1.4%, respectively. September is well-known for seasonal weaknesses, and with it, recent soft economic reports have raised concerns about a recession. The weak labor market data weighed on investors' sentiment. Per the Job Openings and Labor Turnover Survey or JOLTS, the job openings in July have decreased to a 3.5-year low of 7.7 million, the lowest level ...