U.S. job market remained ‘exceptionally’ strong in July: what does it mean for stocks?

U.S. job market remained ‘exceptionally’ strong in July: what does it mean for stocks?

S&P 500 closed roughly flat on Friday after the Bureau of Labour Statistics said the job market remained exceptionally strong in July. How does that fit into the recession debate? The U.S. economy added 528,000 jobs last month – more than double the Dow Jones estimate. Still, Saira Malik (Chief Investment Officer at Nuveen) is
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