Weak Jobs Report Weighs on Stocks
WSJ Minute Briefing
The Wall Street Journal
4.1 • 671 Ratings
🗓️ 6 March 2026
⏱️ 3 minutes
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| 0:00.0 | I think the potential of Agenic is to rethink how work gets done overall. |
| 0:05.0 | It challenges all sorts of traditional orthodoxies around how organizations execute the work at hand. |
| 0:11.3 | That's Jason Gersatus, CEO of Deloitte U.S., talking about the transformational potential of A.Gentic AI. |
| 0:17.9 | Join him later to learn why agents are a game changer for businesses across industries. |
| 0:26.4 | Here's your closing bell brief for Friday, March 6th. I'm Catherine Sullivan for the Wall Street Journal. |
| 0:33.1 | U.S. stocks fell today. After a week, jobs Report, showed an unexpected drop in jobs for February. |
| 0:39.3 | The unemployment rate ticked up to 4.4%. The NASDAQ led the declines, dropping 1.6%. The S&P 500 |
| 0:47.7 | was down 1.3% and the Dow was down 1%. Meanwhile, crude oil prices surged above $90 a barrel. |
| 0:56.2 | Escalating military conflict in the Middle East drove oil to record weekly gains. |
| 1:01.4 | Among individual companies, Marvell Technology shares surged over 18%. |
| 1:06.2 | Strong demand for artificial intelligence and upbeat revenue projections fueled the rally. |
| 1:12.1 | Costco wholesale shares added 1.6%. |
| 1:15.1 | The discount retailer posted strong quarterly results, driven by product sales and membership fees. |
| 1:22.3 | Nike shares dropped nearly 2% after the company announced a $300 million charge related to cutting costs and laying off workers. |
| 1:31.3 | And Gap shares skidded 14% following the company's latest quarterly report. |
| 1:37.0 | Declining sales for its Athleta brand dented the clothing retailer's results. |
| 1:41.9 | Heads up, an artificial intelligence tool helped us make this episode by creating summaries |
| 1:46.7 | that were based on WSJ reporting and then reviewed and adapted by an editor. |
| 1:51.3 | We'll have a lot more coverage of the day's news on the WSJ's What's News podcast. |
| 1:56.0 | You can add it to your playlist on your smart speaker or listen and subscribe wherever you |
| 2:00.1 | get your podcasts. |
| 2:01.5 | Access to affordable credit helps me pay my employees that I don't really need it. |
... |
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