S&P 500 (ES) — July NFP shock decline of -23K jobs on August 7 vs +86K expected guts September…
Broadly bullish after July NFP shock -23K print broke multi-month consolidation, S&P 500 at fresh all-time highs with strong earnings support and rate cut expectations accelerating, though August seasonal weakness and overbought conditions create caution ahead of August 12 CPI catalyst
