Dollar Hits 7-Week Low After Weak U.S. Jobs Data

Dollar Hits 7-Week Low After Weak U.S. Jobs Data  wsj.com

Global stocks surged after weak US jobs data in July reduced fears of a Federal Reserve interest rate hike, despite a spike in oil prices. Find out more.

Mexican shares posted their best session in weeks as a weak US jobs report knocked the dollar lower, lifting Penoles, Grupo Mexico and the peso together.

A weaker-than-expected jobs report has stock rebounding on speculation the Fed may not have to hike rates soon. Bloomberg's Mike McKee and Deutsche Bank Chief US Economist Matthew Luzzetti break down Friday's jobs numbers, including how an aging population are reshaping the economy. Plus, Indeed Hiring Lab Director of

Specialist Michael Pistillo works on the floor of the New York Stock Exchange, Wednesday, Aug 5, 2026, in New York. (Photo: AP/Yuki Iwamura) 08 Aug 2026 05:31AM NEW YORK: The dollar fell sharply Friday (Aug 7) after the US economy shed thousands of jobs in July, an economic blow that lowered the risk of an interest rat

Canada’s main stock index rose nearly 250 points on Friday, as investors sifted through the latest employment figures.

S&P closes at record high as soft jobs report eases rate-hike concerns  Reuters

The chances of a hike remain, with upcoming inflation reports a key focus for Fed officials.

US stocks jump as employers unexpectedly cut 23,000 jobs, raising hopes that rate hikes can wait  Toronto Star

Stocks are rising on Wall Street and Treasury yields are falling after the government reported that employers unexpectedly cut 23,000 jobs last month

US stocks jump as employers unexpectedly cut 23,000 jobs, raising hopes that rate hikes can wait  AP News

For the week, the FTSE 100 was up 0.3%, the FTSE 250 was up 3.7%, and the AIM All-Share was up 4.0%.

For the week, the FTSE 100 was up 0.3%, the FTSE 250 was up 3.7%, and the AIM All-Share was up 4.0%.

Wall Street stocks rally as fears ease of interest rate hike

SpaceX Among Tech Stocks Surging After Weak Jobs Report  Forbes

Officials at the Federal Reserve are chiefly focused on the trajectory of inflation after five years of overshooting the central bank’s 2 percent target.

TOKYO (Kyodo) -- Tokyo stocks ended mixed Friday, as investors locked in profits from heavyweight technology shares, while bargain hunting in other se