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At close · Fri, Aug 7, 2026
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Home›US Markets›Indices›Nasdaq rises as July jobs miss cools rates expectations

Nasdaq rises as July jobs miss cools rates expectations

The weaker jobs report dampened rate outlooks, helping the Nasdaq composite lead gains across major indexes.

Friday, August 7, 2026 · Written up by our desk · Indices

Yahoo Finance reported that the Nasdaq composite jumped and set the pace for major US indexes on the day’s trading.

The move came as a July jobs miss weighed on expectations for interest rates, which traders appeared to be repricing.

The same market update noted that oil prices were spiking and some AI-related stocks were slipping, alongside strength in other pockets of the market like gold-related stocks.

Latest closeGold $4,292.00 ▲1.1%|Nasdaq Comp. 26,348.35 ▼0.1%

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Sources

Yahoo FinanceStock Market Today: Nasdaq Pops As July Jobs Miss Dampens Rates View; Gold Stocks Shine (Live Coverage)

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