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Stocks drop as worries about banks overshadow jobs report

Por: Los Angeles Times Business March 10, 2023

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Stocks are dropping Friday as worries about the banking system outweigh a highly anticipated report that showed pay raises for workers are slowing and other signals that Wall Street wants to see of pressure on inflation cooling. The Standard & Poor's 500 was 0.8% lower in early trading, a day after it tumbled to one of its worst drops of the year. The Dow Jones industrial average was down 162 points, or 0.5%, at 32,091, as of 9:44 a.m.... + full article



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