The Latest Breaking News from Jobs Report

Shares of D.R. Horton Inc (NYSE:DHI) are trading higher Friday morning, boosted by a weaker-than-expected August jobs report that intensified investor bets on imminent interest rate cuts from the Federal Reserve. The U.S. economy added just 22,000 jobs, far below forecasts, signaling a significant labor market slowdown.

Shares of UWM Holdings Corp (NYSE:UWMC) are trading higher Friday morning, as a surprisingly weak August jobs report sent waves across Wall Street, fueling expectations of imminent Federal Reserve interest rate cuts.

August economic assessment will be first from Bureau of Labor Statistics since president ousted its commissioner last month after disputing her ‘phony’ numbers

When the Labor Department put out a disappointing jobs report a month ago, an enraged President Donald Trump responded by firing the economist in charge of compiling the numbers and nominating a loyalist to replace her

Trump joked about people believing he was dead before taking questions from reporters about the upcoming jobs report, RFK Jr.’s job as health secretary and the NYC mayoral race

The S&P 500 hit a new all-time closing high and most of the stocks in the Dow Jones Industrial Average were up the day before a critical jobs report.

September S&P 500 E-Mini futures (ESU25) are up +0.19%, and September Nasdaq 100 E-Mini futures (NQU25) are up +0.33% this morning as Treasury yields extended their decline after the latest jobs report made it all but certain that the Federal Reserve will cut interest rates this month.

The U.S. Bureau of Labor Statistics is set to release its next Jobs Report on Sept. 5. The metrics included in that report have a direct impact on share prices and will likely affect whether the Fed chooses to lower interest rates later this month.

"The U.S. labor market is slowing down," Bank of America Research wrote on Wednesday morning. Then the JOLTS data dropped.