US stocks rise and recover roughly half of Friday's wipeout
- U.S. stocks rose on August 4, 2025, recovering roughly half of Friday's sharp losses as markets opened amid ongoing economic concerns.
- The recovery followed a stunningly weak July jobs report showing payroll growth of only 73,000, raising expectations of a Federal Reserve rate cut in September.
- Investors also respond to President Trump's firing of the BLS commissioner over jobs data revisions and his continued criticism of the Fed amid worries that tariffs are hurting the economy.
- Key data included the S&P 500 gaining 0.8% in early trading, Dow Jones rising 310 points, Wayfair jumping 12.3%, and the unemployment rate worsening to 4.2%.
- These developments imply growing pressure on monetary policy to support growth, with Fed watchers expecting Chairman Powell to possibly cut rates at the upcoming September meeting.
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NEW YORK — U.S. stock indexes slipped on Tuesday following the latest discouraging signal on the U.S. economy. The S&P 500 fell 0.5 percent, coming off a ...
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Total News Sources146
Leaning Left22Leaning Right18Center42Last UpdatedBias Distribution51% Center
Bias Distribution
- 51% of the sources are Center
51% Center
L 27%
C 51%
R 22%
Factuality
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