Evidence of ebbing risk appetite showed up across markets. — Reuters
NEW YORK: Uncertainty over the US economy's health is rippling through markets, adding fuel to an already-volatile period that has investors grappling with a shift in Federal Reserve policy, a tight US election and worries over stretched valuations.
US stocks tumbled on Friday after closely watched jobs data showed labour market momentum slowing more than expected, suggesting a narrower path for the US to achieve a soft landing, in which the Fed is able to cool inflation without badly damaging economic growth.
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