Add Axios as your preferred source to

see more of our stories on Google.

The job market is holding up way better than expected, and when that became clear on Friday with the release of the May employment report, the major stock indexes fell.

Why it matters: It was just the latest reminder that the stock market is not the economy.

Driving the news: The S&P 500 broke its streak of nine weekly gains, and the tech-heavy Nasdaq had its worst week since the "Liberation Day" sell-off last year, per FactSet.