WS #13639
July jobs report showed 23,000 job losses vs +80,000 expected, pushing Fed hike odds down to 44% and driving stocks to record highs. SpaceX shares jumped 15% on Friday, nearing IPO price, despite lockup expiration and AI spending concerns.
Fed rate hike expectations ease on weak jobs data
July jobs report showed 23,000 job losses vs +80,000 expected, pushing Fed hike odds down to 44% and driving stocks to record highs.
SpaceX shares jumped 15% on Friday, nearing IPO price, despite lockup expiration and AI spending concerns.