Stocks and Bonds Rise as Jobs Ease Fed-Hike Wagers: Markets Wrap

Stocks and Bonds Rise as Jobs Ease Fed-Hike Worry: Markets Wrap

US payrolls dropped 23K in July and prior months down 103K total, signaling the Fed won't raise rates in September. For tech managers this means easier capex/hiring planning and clearer fundraising runway as financing conditions ease through year-end.