Stocks tumble on July jobs report, Big Tech earnings in focus: Yahoo Finance

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Big Tech,Unemployment Rate,July Jobs Report

Wall Street is deep in the red today following a much weaker-than-expected July jobs report. The economy added just 114,000 jobs versus the 175,000...

Wall Street is deep in the red today following a much weaker-than-expected July jobs report. The economy added just 114,000 jobs versus the 175,000 economists had expected. The unemployment rate jumped to 4.3%. Big Tech is dragging on the overall markets, with Amazon and Intel among the names sinking following their latest earnings reports. Yahoo Finance trending tickers include the CBOE Volatility Index, Snap, and Nvidia.3:05 p.m.

Are the Clintons back? Bill and Hillary’s daughter Chelsea could be angling for a spot in the Harris administrationHistory-making Kamala Harris says she’s ‘honored’ to clinch presidential nominationKamala Harris has earned enough delegate votes to become the Democratic presidential nominee, as the party conducts a virtual roll call in advance of the convention in Chicago later this month. Jaime Harrison made the announcement during a virtual event with Harris supporters.

 

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July jobs report, Amazon and Intel drag on stocks: Yahoo FinanceWall Street is reacting to the July jobs report. Economists had expected the economy to have added 175,000 jobs and the unemployment rate to remain steady at...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Big Tech earnings, a Fed meeting, and the July jobs report: What to know this weekInvestors can expect key updates on monetary policy, the labor market, and the state of Big Tech in the week ahead.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »