‘It’s Just Atrocious’: Jobs Snafu Stokes Fury on Wall Street (1)

There’s no shortage of market-moving events on the docket to keep Wall Street busy right now.

But as traders and analysts game planned for Federal Reserve Chair Jerome Powell’s Jackson Hole speech and then Nvidia’s earnings and economic-growth data next week, many of them were stuck on Wednesday’s botched government release of jobs data and the way it sowed chaos across stock and bond markets.

And they didn’t mince words. “It’s just atrocious,” said Glen Capelo, a managing director at Mischler Financial Group. “There’s a big problem,” said Claudia Sahm, chief economist at New Century ...