"February Jobs Report: Stock Market Pulls Back as Wages Grow but Unemployment Rate Rises"

Stocks wobbled in afternoon trading after a powerful surge, with the S&P 500 near the flatline and the Dow Jones up by 0.3%, while the Nasdaq lost 0.3%; RealPage expects muted rent growth in 2024 due to increased apartment supply; Bitcoin briefly hit an all-time high of $70,000 before swiftly dropping; Rivian rose 6% after unveiling new SUVs, while Costco shares fell 7% and Gap gained 3% following their quarterly results; and Costco's unique business strategies continue to drive investor success, with the stock rising 245% in the last five years.