US Jobs Growth Slows as Tariff Uncertainty and Market Volatility Persist

February's weaker-than-expected jobs report and rising unemployment rate contribute to economic concerns, while key corporate developments impact stocks.

The US added 151,000 nonfarm payroll jobs in February, falling short of the projected 170,000, while the unemployment rate rose to 4.1%.
Major stock indexes showed slight gains after opening, with the S&P 500, Dow Jones, and Nasdaq all recovering modestly from recent declines.
Broadcom shares surged over 9% following strong earnings and a 77% increase in AI chip sales, signaling continued growth in the AI sector.
Walgreens announced a $10 billion deal to go private, with Sycamore Partners offering $11.45 per share in cash and potential additional payouts from asset sales.
Tariff policy uncertainty, including President Trump's fluctuating tariff decisions, has contributed to market instability and investor anxiety.