SPDR S&P 500 (SPY)

[Moonlazer]

Yep. Confirmed.

The July jobs report showed that the U.S. economy added 187,000 jobs last month, down from June's 209,000 increase. July's figures came in below estimates for a 200,000 increase. Markets have been reading decreases as incremental positives in the inflation picture, easing the need for the Federal Reserve to conduct further rate hikes. The unemployment rate dipped to 3.5% from 3.6%. It was expected to hold steady at 3.6%.

Meanwhile, May and June payrolls were revised lower. May was revised down by 25,000, from an increase of 306,000 to 281,000. And June was revised down by 24,000, from an increase of 209,000 to 185,000.