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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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