Wall Street Retreats, Broadcom Rallies, Gold Smashes $3,600: What's Moving Markets Friday?
1. August jobs report shows 22,000 job gain, weakest since 2020. 2. Gold prices hit record above $3,600 per ounce amid rate cut expectations. 3. Cyclical sectors decline while materials and real estate outperform. 4. Overall market sentiment reflects growth concerns from job numbers. 5. Treasuries rise as yields fall, indicating market caution.