Jobs Report: Unemployment Jumps, Setting Up Big Fed Rate Cut; S&P 500 Dives
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The July jobs report confirmed fears that the economy could be in for a sharp slowdown. Markets expect faster Fed rate cuts, but the S&P 500 fell.
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The July jobs report confirmed fears that the economy could be in for a sharp slowdown. Markets expect faster Fed rate cuts, but the S&P 500 fell.