US added more jobs than expected in February, Nvidia slips: Yahoo Finance Live
The US added 275,000 jobs last month, far more than the 200,000 economists had been expecting. However, the unemployment rate rose to 3.9% and wage growth slowed more than anticipated, giving investors hope that the Federal Reserve will start cutting rates later this year. On Wall Street, shares of Nvidia (NVDA) are slumping and taking the tech-heavy Nasdaq (^IXIC) down with it. Other trending tickers on Yahoo Finance include bitcoin (BTC-USD), Costco Wholesale (COST), and Advanced Micro Devices (AMD).
Top guests today include:
3:05 p.m. ET - Joe Brusuelas, RSM Chief Economist and Kristen Bitterly, Citi Wealth Head of Investment Solutions
3:20 p.m. ET - Representative August Pfluger (R-Texas)
3:45 p.m. ET - John Vinh, KeyBanc Capital Markets Equity Research Analyst and Jordan Klein, Mizuho Americas Managing Director
