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At close · Fri, Aug 7, 2026
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Home›US Markets›Indices›S&P 500 climbs to a record after July jobs data disapp…

S&P 500 climbs to a record after July jobs data disappoints

July nonfarm payrolls came in below expectations, leading traders to dial back rate-hike expectations.

Reported · Written up by our desk · Indices

U.S. stocks rose to new highs after July jobs data failed to meet forecasts, shifting market expectations around the path of interest rates.

According to WSJ Markets, the weaker labor-market reading prompted traders to scale back rate-hike expectations, helping lift the S&P 500 to a record level.

The report signaled a cooling in the pace of job growth during July, which markets interpreted as reducing the need for further tightening.

Latest closeS&P 500 7,709.96 ▼0.2%

← Newer storyDow opens higher despite July jobs decline

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Sources

WSJ MarketsStock Market Today: S&P 500 Rises to Record After Jobs Data Misses Forecasts

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