There is a lot for investors to react to on Friday, August 2. Here are three things to watch.in July, 114,000 versus the 175,000 estimate. The unemployment rate ticked higher to 4.3%. It's raising questions about whether or not the Federal Reserve has waited too long to start cutting rates.plunging after its second quarter results
According to the Bureau of Labor Statistics, that is less than 175,000 economists had expected the unemployment rate jumping to 4.3% up from 4.1% in June.The data is a further sign, the labor market is cooling and Wall Street is likely to see this as a sign.And shares of Apple are on the move this morning here after the stock initially was higher.
But despite a difficult start, thanks in part to the expectations of an upgrade cycle driven by the Apple Intelligence Service.Amazon stock is falling after missing the mark on revenue in the second quarter and issuing softer guidance for the current period.
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