It was a rough day for the stock market. All three of the major indexes (^DJI,^GSPC, ^IXIC) closed in the red, with the Nasdaq composite down 2.5%. The big drag on stocks was the August jobs report. The US economy added 142,000 jobs last month, far short of the 165,000 Wall Street was anticipating, but it was also likely strong enough to keep the Federal Reserve from cutting by 50 basis points at its September meeting. Yahoo Finance senior columnist Rick Newman explains what the jobs data means for the 2024 race for the White House.

Fort Pitt Capital Group chief investment officer Dan Eye tells investors the markets are nearing the end of a normalization process, advising them to stay calm amid the turbulence.

Meanwhile, there is still a lot of attention being paid to AI. One thing the AI boom requires is infrastructure. Tract CEO Grant van Rooyen explains how his company is helping others build that infrastructure out.

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