Market Open: Stocks Higher After Weak Jobs Report, Lyft & Airbnb Rise After Earnings 8-7-2026
I'm Peter Shaknau, CNBC. Stocks have opened higher after a weaker thanex expected July jobs report. The Dow up 20 points at 53,920.The S&P 500 adding a third of a percent or 26 points. The Nasdaq Composite is up by 226 points or 9/10en of 1%. The US economy lost 23,000 jobs last month compared to the 83,000 job additions that economists were expecting.In Sarah Malik's view, that makes it less likely that the Fed will raise interest rates at its next meeting in September. She's chief investment strategist at ...