markets
Breaking: US suffers unexpected job losses in July, markets dial back rate hike expectatio…
By SNF Research · Independent market intelligence from Sunday Night Futures LLC
Jobs miss triggers broad risk-on surge in overnight futures.
July payrolls came in negative — the first unexpected job losses in over two years. Rate hike expectations pulled back sharply on the print, sending growth and speculative names higher. IONQ leads at +11.18%, ASTS +7.76%, PL +7.31%, and HOOD +3.1% heading into the weekend session.
Watch: Whether IONQ holds above $44.43 into Sunday open — momentum names often gap and fade after Friday afterhours moves. Monday's cash open reaction to rate repricing is the real tell; watch if HOOD sustains $93 as a floor.