Market Volatility Following the Release of U.S. Employment Data for July
2026-08-07 23:00:46
According to CoinMeta, today's U.S. market experienced fluctuations following the release of July employment data, with employment growth in May and June being revised downward by a total of 103,000 jobs. The S&P 500 index reached 7,756 points, the Nasdaq index climbed to 29,750 points, while the Dow Jones index fell by 1.8% at the market opening. As the weak report reduced expectations for interest rate hikes, it also sparked concerns about a slowdown in economic growth, and as a result, Treasury yields also declined.
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Source:X
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