“Dow closes 500 points lower Friday as weak jobs data and new tariffs incite sell-off…”
August 2, 2025
“…The Dow Jones Industrial Average dropped 542.40 points, or 1.23%, closing at 43,588.58 and notching its worst decline since June 13. The S&P 500 shed 1.60% to end at 6,238.01 and post its worst day since May 21, while the Nasdaq Composite dipped 2.24% and settled at 20,650.13 for its biggest slide since April 21.
The July jobs report showed nonfarm payrolls expanded by 73,000 last month, well beneath the consensus estimate from economists polled by Dow Jones that called for a 100,000 increase to payrolls. Prior months were significantly revised down. June job growth totaled just 14,000, down from 147,000. The May count came down to 19,000 from 125,000, signaling the labor market has been weakening for a while now…”
https://www.cnbc.com/2025/07/31/stock-market-today-live-updates.html