TSP Talk Blog

Stocks rallied from the opening bell on Friday after the announcement of the July jobs report. The economy added 255,000 jobs, which was about 80,000 more than expected. The unemployment rate remained at 4.9%, which was actually a tick higher than expected. The Dow gained 191-points on the day while the S&P and small caps each added just under 1%. The Transports had a big day with a 1.9% gain, greatly improving that chart which needed help.

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