WS #13600
US July payrolls fell 23K vs +80K expected, with -103K revisions, triggering a dovish Fed repricing that is bullish for growth/tech and gold while pressuring yields and the USD. Doximity surges on AI margin commentary, Trade Desk collapses on downgrade, Airbnb gaps up on upgrade, and Alphabet's SpaceX stake loss is a MAG7-specific divergence.
Weak July Jobs Report and Dovish Fed Repricing
US July payrolls fell 23K vs +80K expected, with -103K revisions, triggering a dovish Fed repricing that is bullish for growth/tech and gold while pressuring yields and the USD.
Doximity surges on AI margin commentary, Trade Desk collapses on downgrade, Airbnb gaps up on upgrade, and Alphabet's SpaceX stake loss is a MAG7-specific divergence.