WS #13602
July nonfarm payrolls unexpectedly fell 23,000, with downward revisions of 103,000, cutting September Fed hike odds to ~44% and boosting equities, gold, and bonds while weakening the dollar. Cloudflare, Airbnb, and others surged on strong earnings, while The Trade Desk plunged on downgrade; multiple analyst price target changes signal stock-specific moves.
US Jobs Report and Fed Rate Hike Odds
July nonfarm payrolls unexpectedly fell 23,000, with downward revisions of 103,000, cutting September Fed hike odds to ~44% and boosting equities, gold, and bonds while weakening the dollar.
Cloudflare, Airbnb, and others surged on strong earnings, while The Trade Desk plunged on downgrade; multiple analyst price target changes signal stock-specific moves.