Stock Market Update

07-Aug-26 08:35 ET
July Employment Report
Market is Closed
[BRIEFING.COM] S&P futures vs fair value: +20.00. Nasdaq futures vs fair value: +203.00.

The S&P 500 futures currently trade 20 points above fair value.

Just released, nonfarm payrolls decreased by 23,000 in July (Briefing.com consensus 86,000), from a downwardly revised prior increase of 20,000 (from 57,000).

Nonfarm private payrolls increased by 30,000 (Briefing.com consensus 69,000), from a downwardly revised prior increase of 30,000 (from 49,000).

The unemployment rate decreased to 4.1% (Briefing.com consensus 4.2%), from the previous level of 4.2%.

Average hourly earnings increased by 0.1% (Briefing.com consensus 0.3%), following a prior increase of 0.3%.

The average workweek remained unchanged at 34.3 hours (Briefing.com consensus 34.3).

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