The S&P 500 dropped 1.7% on Friday to close out its worst week since March 2023, while the Nasdaq tumbled 2.6% and the Dow Jones Industrial Average 1% after a jobs report showed U.S. employers hired fewer workers in August than economists expected, the Associated Press reported in this story.
Still, the S&P 500 remains just 4.6% below its all-time high set in July and still s up 13.4% for 2024 so far, which counts as a good year.
One stock that defied the market trend was Bowlero Corp.,...