Wall Street’s dilemma: How Fed rate cut hopes clashed with slowing jobs growth

The S&P 500 and Nasdaq both briefly hit record intraday highs Friday before tumbling on a weaker August jobs report.

Wall Street’s dilemma: How Fed rate cut hopes clashed with slowing jobs growth
The S&P 500 and Nasdaq both briefly hit record intraday highs Friday before tumbling on a weaker August jobs report.