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2025-08-01 20:48:44
Weak non-farm payroll data drags down US stock futures further. ⑴ US stock index futures continued their decline on Friday, with S&P 500 futures down 1.1%, Dow futures down 0.8%, and Nasdaq 100 futures down 1%. ⑵ July non-farm payrolls increased by only 73,000, far below the expected 110,000, and data for the previous two months was revised downward by 258,000. The unemployment rate rose slightly to 4.2%. ⑶ Amazon plummeted 7% after its earnings report missed expectations, dragging down the tech sector; Apple bucked the trend with a 1.6% gain despite its better-than-expected earnings report. ⑷ Trump's new round of reciprocal tariffs took effect, raising the average US tariff rate to 15%.
