July Payrolls Plunge 23,000 in Rare 5-Sigma Miss, Fueling Rate-Hike Retreat and AI Stock Rebound

Macro Impact 4

โดย Zacks Investment Research·

Summary · why it matters

The Bureau of Labor Statistics reported that U.S. nonfarm payrolls fell by 23,000 in July, a 5-sigma miss against Wall Street estimates of an 80,000 gain. The losses were concentrated in local government education, retail trade, and leisure and hospitality. The shock drove Polymarket September rate-hike odds down from nearly 60% to about 35%, easing fears that Fed Chair Kevin Warsh would need to tighten further. AI stocks showed signs of stabilization, with Palantir jumping 30% after beating expectations and NVIDIA gaining more than 10% for the week.