In stock market news on August 2, 2024, the Nasdaq experienced a correction while the S&P 500 slid following a disappointing jobs report. This information was reported by The Wall Street Journal. The Nasdaq falling into correction means that the index has dropped by 10% or more from its recent peak. The S&P 500’s decline was attributed to the weak jobs report, which may have raised concerns about the overall health of the economy. Investors will be closely monitoring these developments in the coming days.