Dow falls 250 points as August payrolls top forecasts
U.S. stocks closed lower Friday after August payrolls rose 162,000, nearly triple the 55,000 consensus, while the unemployment rate held at 4.1% and hourly earnings matched forecasts.
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Lululemon stock falls after analyst cuts earnings estimates
Lululemon Athletica shares fell after Guggenheim Partners cut fiscal 2026 and 2027 EPS estimates, citing concern the U.S. sales reset is not finished. The note also said second-quarter sales missed expectations and third-quarter guidance points lower.