Weak jobs report eases Fed rate fears, and several major companies are expected to release earnings soon.

1 report, 1 independent Updated Aug 7

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What happened

Some supportReported by 1 outlet

Who's involved

What this event is mainly about

FED Barrick Mining Corporation Applied Materials

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Part of

Weak jobs report boosts bets that the Fed will not hike rates, while Doximity stock rises on AI profitability news. All 1 developments

The entities involved

FED
business
- US-Iran truce aims to reopen Strait of Hormuz amid global monetary policy shifts and oil price drops.Mon 17:37
- Iran closed the Strait of Hormuz, halting petroleum liquids movement and raising inflation concerns, which Donald Trump views as a potential solution.Mon 16:16
Barrick Mining Corporation
company
- NovaGold Resources increased its ownership stake in Donlin Gold, while Paulson Advisers acquired interest, and Barrick sold 50% of its stake.Sat 01:04
Applied Materials
American company
- Insider transactions disclosed in legal filings with the SEC involving Applied Materials.Mon 12:02
- EssilorLuxottica and Applied Materials signed a joint development agreement for smart eyewear.Mon 06:41

Related events

Market volatility and analyst upgrades followed the release of the strong August payrolls report, prompting policy considerations.Sep 8
Waller's dovish comments boosted Nasdaq as indices reacted to the latest US jobs report.Sep 4
Investor fears of rate hikes caused a market decline, driven by strong job gains and BLS data.Sep 4
Stronger employment data prompted Fed rate hike chances.Sep 5
Earnings reports are influencing Fed rate hike expectations.Aug 12

Coverage

Newest first; wire copies grouped

Aug 7proactiveinvestors.com