All articles tagged with #july jobs report
Investors brace for a busy week featuring the July payrolls report (expected about 88,000 new jobs), SpaceX’s first earnings release as a public company, and a slate of AI-related results, while monitoring AI-driven wage dynamics and a still-high-rate environment that could influence Fed policy and broader market risk across tech, energy, and consumer stocks.
This week, traders will be focused on quarterly earnings reports from Apple and Amazon, as well as the release of the July jobs report. Other key updates include activity in the manufacturing and services sectors, as well as job openings. The economic data continues to impress, with a surprise acceleration of economic growth in the second quarter and cooling inflation. There is growing sentiment among economists that a recession may be significantly subdued, with the possibility of a "soft landing" for the economy. The July jobs report is expected to show 200,000 nonfarm payroll jobs added to the US economy, with the unemployment rate remaining unchanged at a historically low 3.6%.