The S&P 500 just closed at an all time high, but the jobs report tells a very different story. Here are today’s 5 biggest finance stories in 2 minutes: a record close for stocks, the Fed’s rate hold under new Chair Kevin Warsh, a shaky Bitcoin market, a surprise jobs loss, and a blowout earnings beat from Super Micro Computer. – S&P 500 closes at a record 7,798.99, Nasdaq up 0.81% to 26,803.03 (Bloomberg, CNBC) – Fed holds rates at 3.50%-3.75% in Kevin Warsh’s first meeting as Chair, 3 dissents favor a hike (CBS News, Yahoo Finance) – Bitcoin slips near $63,500 despite $865M in ETF inflows; Strategy plans bigger buys (TheStreet, CoinGabbar, Yahoo Finance) – July jobs report shows a surprise loss of 23,000 jobs, prior two months revised down 100,000 (NPR, CBS News) – Super Micro Computer (




Leave a Reply