Stocks Rally as Weak Jobs Report Dims Fed Rate Hike Prospects: S&P 500, Nasdaq Lead Gains
Market Overview: Equities Surge on Dovish Labor Data U.S. stock indices closed sharply higher on Friday, August 7, 2026, as a surprisingly weak July employment report fueled optimism that the Federal Reserve may pause its tightening cycle. The S&P 500 Index ($SPX) advanced +0.62%, the Dow Jones Industrial Average ($DOWI) rose +0.28%, and the Nasdaq … Read more









