A stronger-than-anticipated jobs report for May has sent markets sliding once again as investors digest further support for financial tightening by the Federal Reserve.
The major exchanges take another nosedive after the news that retail giants Target and Walmart missed earnings as they broadly felt the impacts of increasing food prices and costs.
Markets initially responded positively in the last hour of trading yesterday with the announcement by Federal Reserve Chair Jerome Powell that the central bank approved raising interest rates 0.50% this month and likely for the next two months.