Investors Advised to Avoid High-Risk Stock Picks

Investors Should Be Cautious with High-Risk Stocks

Amid the usual volatility of September, the stock market experienced further declines on Friday. This was after the release of August's jobs data, which showed that nonfarm payroll jobs grew less than expected by economists. However, the unemployment rate dropped to 4.2%. To add to the mix, losses in the AI chip trade were observed as semiconductor giants Nvidia and Broadcom didn't impress with their earnings reports.