Household Survey Shows 1.8M Jobs Lost In 2026 So Far
7 Articles
7 Articles
The broad S&P 500 index (+0.62%) reached a new closing high of 7,757.64 points. The Dow Jones Industrial Average gained 0.28% and the Nasdaq Composite rose 1.30%. The US job market lost 23,000 jobs in July, according to official data released Friday, while markets had expected 83,000 new jobs to be created. The statistics also highlighted a sharp downward revision of job creation figures for May and June (-103,000). "The Federal Reserve seemed …
Jobs Shock Sends Stocks Higher | Open Interest 8/7/2026
Get a jump start on the US trading day with Dani Burger on "Bloomberg Open Interest." Stocks rise after data showed US employers unexpectedly cut jobs in July. Meanwhile, oil wavers as prospects for a lasting agreement to reopen the Strait of Hormuz remain elusive. National Economic Council Director Kevin Hassett, BlackRock’s Rick Rieder and Julia Coronado of MacroPolicy Perspectives react to the surprising jobs report and what it means for the …
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