US EditionThe Latest: Global Markets Mostly Gain After Trump Tariffs and Jobs Report Sent Wall Street Tumbling
UNITED STATES, AUG 4 – Investors now price in an 85% chance of a Federal Reserve rate cut in September after July’s job growth slowed to 73,000 with large downward revisions to prior months, analysts said.
- Data on Friday sent mortgage rates down 12 basis points to 6.63% after U.S. nonfarm payrolls added 30,000 jobs in July, below the 110,000 expected.
- The Labor Department reported revisions indicating labor-market weakness that cut May and June payrolls, highlighting deeper-than-expected job softness.
- Ahead of the report, the 10-year Treasury yield fell to 4.21% from 4.39%, and the two-year Treasury yield plunged to 3.68% from 3.94%.
- S&P 500 E-minis rose 36.75 points, or 0.59%, with Nasdaq 100 E-minis up 177.5 points, or 0.78%, before the open.
- Should spreads normalize to 1.60%-1.80%, mortgage rates could be 0.53%-0.73% lower from current levels.
40 Articles
40 Articles
Chicago Tribune
The Seattle TimesWall Street poised to open with gains after last week’s jobs numbers triggered investor sell-off
Wall Street was on track to open with gains on Monday following Friday’s sell-off that was triggered by fears of a slowing economy after the government released some grim data on U.S. job growth. Futures for the S&P 500 and the Dow Jones Industrial Average both rose 0.5% before the bell. Nasdaq futures climbed 0.7%. After a jam-packed calendar of economic indicators last week, there are far fewer newsworthy releases this week. However, earnings …
Winnipeg Free Press
The Latest: Global markets mostly gain after Trump tariffs and jobs report sent Wall Street tumbling
Breaking News, Sports, Manitoba, Canada
Global markets mostly gain after Wall Street tumbles following poor US jobs report
BANGKOK (AP) — Global shares advanced Monday after Wall Street had its worst day since May following the release of weak U.S. jobs data. France’s CAC 40 added 0.8% in early trading to 7,609.44, while the German DAX rose nearly 1.0% to 23,702.42. Britain’s FTSE 100 edged up 0.4% to 9,108.28. U.S. shares were set to drift higher with Dow futures up 0.6% at 43,951.00. S&P 500 futures rose 0.6% to 6,302.75. Markets in Asia had already reacted on Fri…
Wall Street Surges Despite Jobs Slump — Here's Why
In a week that should have rattled investor confidence, Wall Street has instead rallied—with major indices climbing, even in the face of discouraging US labour data. The apparent contradiction has prompted analysts to take a closer look at the market's underlying resilience—and what might be fuelling the optimism. The July US jobs report delivered a below-par performance, but investors seemed more focused on the implications for future interest …
Earnings vs Jobs Report: Conflicting Economic Signals August 2025
The market is getting two completely different stories… Story #1: Friday’s jobs disaster with 250,000+ jobs erased from previous months through revisions, pushing payroll growth dangerously close to recession territory. Story #2: Corporate earnings delivering the strongest performance in years – 82% beating expectations on both top and bottom lines. Which narrative wins? The answer could determine whether we see Fed rate cuts in September (now 9…
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