WS #13641
July jobs report shows -23k jobs vs +80k expected, lowering September Fed hike odds to ~45% and driving stocks to record highs. Airbnb (ABNB) +15.1% on raised revenue outlook; Trade Desk (TTD) -21.9% on weak guidance, driving sector divergence.
US Jobs Report and Fed Rate Expectations
July jobs report shows -23k jobs vs +80k expected, lowering September Fed hike odds to ~45% and driving stocks to record highs.
Airbnb (ABNB) +15.1% on raised revenue outlook; Trade Desk (TTD) -21.9% on weak guidance, driving sector divergence.