"Fragile Employment" Sounds the Policy Shift Alarm! This Week's Financial Reports Serve as a Litmus Test for Market Sentiment.

According to Zhitong Finance APP, last Friday, the U.S. stock market plummeted from historical highs, as the latest employment data revealed that the foundation of the U.S. labor market is not as stable as expected. The S&P 500 index fell 2.4% for the week, the Nasdaq Composite Index dropped 2.2%, and the Dow Jones Industrial Average fell by 1.2%.