Dow Falls 700 Points. Get Ready for More Market Fireworks Tomorrow.

Aug 2, 2024
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With the stock market already sliding on soft economic data, tomorrow’s jobs report could overshadow Big Tech earnings this week. The Labor Department is set to report nonfarm payrolls for July at 8:30 a.m. ET Friday. The report already had heightened importance because it is one of a handful of economic data releases between now and the Federal Reserve’s September policy meeting that could sway officials on when to start cutting interest rates.

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