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Dow falls more than 500 points on jobs report, tariffs
  • Investing

Dow falls more than 500 points on jobs report, tariffs

  • August 1, 2025
  • Roubens Andy King
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00:00 Speaker A

Jared, my friend, let's start with you on that close.

00:04 Speaker B

Down day in the markets, down week, and let's just go quickly to the uh Wi-Fi interactive here. I know we got some breaking news on the Federal Reserve we want to get to, but here in the Dow, we lost three, basically three percentage points this week over the last five days. Nasdaq a little bit better, only down about 2.17%. Russell, uh we'll get to that in a second, and then the S&P 500, 2.36%, and I let's do get some small cap action as well. That was the worst by far, down 4%. Also, the biggest drop in yields in months. Uh you can see the 10-year down to 4.2%, but I'm not going to linger on the bond market. I do want to get to some of the sector action, and it was only the defensive sectors in the green. So, healthcare led the way up about half a percent, staples close behind, utilities a little green, but consumer discretionary tech, all both of those down 2%, energy and financials also underperforming. And I'll leave it here with a picture of the Nasdaq 100 worth a thousand words. Amazon and Meta taking center stage down, uh deep red for them, 8 and 3%, and not a lot of green here, but we do see Costco in the upper right up about 1.5%.

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