WS #13597
US July nonfarm payrolls fell 23K vs +83K expected, with downward revisions, triggering a dovish repricing of Fed expectations, lower yields, higher gold, and a rally in equities. Doximity, Atlassian, Cloudflare, and Take-Two surged on strong earnings, while Trade Desk and Wendy's fell on weak results; multiple analyst PT changes. Meta ordered to pay $942M in New Mexico child-safety case, adding regulatory overhang on the company.
US Jobs Report and Fed Dovish Repricing
US July nonfarm payrolls fell 23K vs +83K expected, with downward revisions, triggering a dovish repricing of Fed expectations, lower yields, higher gold, and a rally in equities.
Doximity, Atlassian, Cloudflare, and Take-Two surged on strong earnings, while Trade Desk and Wendy's fell on weak results; multiple analyst PT changes.
Meta ordered to pay $942M in New Mexico child-safety case, adding regulatory overhang on the company.