Wall St Week Ahead: US jobs data to test investor angst


Investors will be looking for the jobs data for February, due on March 7, to either bring relief or drive further worry. — Bloomberg

NEW YORK: The stakes are high for the monthly US jobs report in the coming week, as investors gauge whether a string of worrisome data is signalling significant concern about the economy.

The benchmark S&P 500 stock index has pulled back 4% from its all-time high reached earlier this month, while falling Treasury yields and a slide in bitcoin are also indicating increasing investor wariness.

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