New York, Aug 1, 2025 (AFP) - US stocks tumble as weak jobs report adds to doubts on economy

NAMPA / AFP
2025-08-01
Wall Street stocks finished sharply lower Friday following a weak July jobs report that raised concerns about US economic health. Major US indices fell 1.2 percent or more after the Department of Labor reported lower than expected jobs data for July and announced downward revisions to the prior two months. "Investors are getting a bit worried that this economy is softening more rapidly than we earlier thought," said Sam Stovall of CFRA Research.......
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RUNDU, 01 August 2025 - The Namibian Police Force Inspector General, Joseph Shikongo speaking during an engagement meeting with members of the public at Rundu on Friday. (Photo by: Sawi Hausiku) NAMPA

RUNDU, 01 August 2025 - The Namibian Police Force Inspector General, Joseph Shikongo speaking during an engagement meeting with members of the public at Rundu on Friday. (Photo by: Sawi Hausiku) NAMPA

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OUTJO, 31 July 2025 - Minister of Education, Innovation, Youth, Sports, Arts and Culture, Sanet Steenkamp delivering her address at the recently launched 'End learning poverty for all in Africa' campaign at Outjo in the Kunene Region. (Photo: Contributed) NAMPA

OUTJO, 31 July 2025 - Minister of Education, Innovation, Youth, Sports, Arts and Culture, Sanet Steenkamp delivering her address at the recently launched 'End learning poverty for all in Africa' campaign at Outjo in the Kunene Region. (Photo: Contributed) NAMPA

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WINDHOEK, 31 July 2025 - Outgoing Ambassador of Brazil to Namibia Vivian Loss Sanmartin (L) pictured with President Netumbo Nandi-Ndaitwah (R) during a farewell courtesy at State House. (Photo by: Linea Dishena) NAMPA

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OTJIWARONGO, 30 July 2025 - Management of Cheetah Cement factory discusses labour matter with the Parliamentary Standing Committee on Poverty Eradication, Labour and Industrial Relations chairperson at an oversight visit at Cheetah Cement on Wednesday. (Photo by: Mulisa Simiyasa) NAMPA

OTJIWARONGO, 30 July 2025 - Management of Cheetah Cement factory discusses labour matter with the Parliamentary Standing Committee on Poverty Eradication, Labour and Industrial Relations chairperson at an oversight visit at Cheetah Cement on Wednesday. (Photo by: Mulisa Simiyasa) NAMPA

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OTJIWARONGO, 30 July 2025 - Parliamentary Standing Committee on Poverty Eradication, Labour and Industrial Relations chairperson Justina Jonas speaks at an oversight meeting at Cheetah Cement on Wednesday. (Photo by: Mulisa Simiyasa) NAMPA

OTJIWARONGO, 30 July 2025 - Parliamentary Standing Committee on Poverty Eradication, Labour and Industrial Relations chairperson Justina Jonas speaks at an oversight meeting at Cheetah Cement on Wednesday. (Photo by: Mulisa Simiyasa) NAMPA

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