1. China's CPI fell 0.7%, signaling potential deflation. 2. U.S. added 151,000 jobs, below the 170,000 forecast. 3. S&P 500 had its worst week since September despite a slight daily gain. 4. Tesla shares dropped for seven straight weeks, hitting a 15-year low. 5. Powell signals no urgency for interest rate changes amid economic uncertainty.
The combination of disappointing job growth and deflationary signals from China could heighten market concerns. Historically, weak job growth often indicates slowing economic activity, which can lead to bearish sentiment in indexes like the S&P 500.
The article discusses economic indicators crucial to the S&P's performance, such as job growth and inflation. Weaker economic signals can lead to decreased investor confidence, affecting major indices.
Immediate reactions to economic data and Federal Reserve commentary typically affect market performance. For example, after negative job reports, the S&P has shown short-term volatility.