U.S. Employers Cut 23,000 Jobs in July, Raising New Labor-Market Concerns
U.S. employers unexpectedly cut 23,000 jobs in July, sending stocks higher and Treasury yields lower as investors reassessed the Federal Reserve’s rate outlook.
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AppLovin shares fall nearly 20% after mixed quarterly results
AppLovin shares dropped 19.6% on Aug. 6 after the digital-advertising company reported mixed quarterly results, even as aggregate S&P 500 earnings growth remained unusually strong.