July Jobs Report Weighs on Stock Market Amid Big Tech Earnings

Reported 2 months ago

U.S. stock markets plunged following a disappointing July jobs report that showed only 114,000 new jobs were added, significantly lower than the anticipated 175,000, with the unemployment rate rising to 4.3%. Big Tech companies, including Amazon and Intel, faced a decline post-earnings reports, contributing to the market downturn.

Source: YAHOO

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