WS #13620
July nonfarm payrolls fell 23K vs +85K expected, with 103K downward revisions, crushing September rate-hike odds and fueling a risk-on rally. Palantir (PLTR) up 38% this week in software snapback; Micron (MU) gapping above $900 with potential to $1000; SpaceX stock under pressure from lockup expiry.
Labor Market Contraction Confirmed
July nonfarm payrolls fell 23K vs +85K expected, with 103K downward revisions, crushing September rate-hike odds and fueling a risk-on rally.
Palantir (PLTR) up 38% this week in software snapback; Micron (MU) gapping above $900 with potential to $1000; SpaceX stock under pressure from lockup expiry.