Soft July Jobs Report Sends S&P 500 to a New Record, Gold Surges Above $4,400
The S&P 500 closed at a record 7,757.64 as a weak July jobs report fueled hopes the Fed stays on hold, sending yields and the dollar lower while gold surged past $4,395. Earnings reactions were sharp both ways, with Trade Desk and QuidelOrtho sinking despite beats.