Equities poised for best week since April as payrolls surprise eases rate-hike concerns

Equities poised for best week since April as payrolls surprise eases rate-hike concerns  Reuters

The US economy unexpectedly shed jobs in July and nonfarm payrolls for the previous month were revised sharply lower, potentially raising questions about whether the Federal Reserve will increase interest rates next month.

SpaceX posted an operating loss of $143 million and an earnings per share loss of $0.09, beating analyst expectations of a loss per share of 26 cents.