U.S. stock markets plummet as weak jobs report adds to U.S. recession fears

U.S. stock markets tumbled Friday as a much weaker-than-anticipated jobs report for July added to worries that the U.S. economy could be falling into a recession. July job growth in the U.S. slowed more than expected, while the U.S. unemployment rate rose to the highest since October 2021.

Pia Singh and Hakyung Kim for CNBC:
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Nonfarm payrolls grew by just…