Wall Street was rattled by updates on the U.S. job market and discouraging news from Alphabet, causing a drop in stock prices. This comes as bitcoin also tumbled, adding to the market’s unease. The U.S. economy added 431,000 jobs in March, falling short of expectations. Alphabet reported a decrease in revenue growth, further fueling concerns. This led to a 0.2% drop in the S&P 500 and a 0.3% decline in the Dow Jones Industrial Average. Bitcoin’s value also fell by 2.8%. Investors are cautious as they navigate the changing market landscape.
Read more at Google: Alphabet and discouraging updates on the U.S. job market hit Wall Street as bitcoin tumbles – Toronto Star
