Robinhood Stock Falls As Dismal Jobs Report Sparks Financial Sector Sell-Off
1. HOOD shares fell amid a broader decline in financial stocks. 2. August jobs report showed only 22,000 payrolls added, alarming investors. 3. Expectations for Fed interest rate cuts increased due to poor economic data. 4. Weak labor market could reduce trading activity and investor engagement. 5. HOOD maintains a high momentum score of 98.61 despite current decline.