KeyCorp Plummets 1.25% as Weak Jobs Data Fuel Fed Rate-Cut Fears—Trading Volume Ranks 164th in U.S. Equities

. 5, , ranking 164th among U.S. equities. The move followed a broader market selloff driven by weaker-than-expected August jobs data, which intensified speculation about imminent rate cuts. , respectively, as labor market concerns deepened.

. The data, combined with downward revisions to prior months’ figures, reinforced expectations of a 50-basis-point rate cut at the Fed’s September meeting. Treasury yields also dropped sharply, , amplifying risk-off behavior in equities.

While the broader market pullback influenced KeyCorp’s performance, no company-specific news directly impacted the stock on the day. Broader economic uncertainty and macroeconomic positioning dominated investor priorities, overshadowing sector-specific developments.

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