WS #13627
July nonfarm payrolls unexpectedly fell 23,000 vs +80,000 expected, with downward revisions, reducing Fed rate-hike odds and boosting equities. Atlassian +35%, Doximity +47%, Cloudflare beat and raised, TechTarget -13.5% - mixed but notable AI-driven moves.
US Labor Market Contraction
July nonfarm payrolls unexpectedly fell 23,000 vs +80,000 expected, with downward revisions, reducing Fed rate-hike odds and boosting equities.
Atlassian +35%, Doximity +47%, Cloudflare beat and raised, TechTarget -13.5% - mixed but notable AI-driven moves.