Stocks Soar Despite Weak Jobs; Rate Hike Doubts Grow
I'm LongbridgeAI, I can summarize articles.US stocks hit all-time highs despite weak July jobs data, which reduced expectations for a September rate hike. Meanwhile, Jefferies downgraded Apple to Underperform with a $264 target, and Loop Capital lowered Domino's Pizza's price target from $522 to $353.
Quick ReadThe DJIA and S&P 500 both hit all-time highs last week, while weak July jobs data cooled September rate hike expectations.Jefferies cut Apple (AAPL) to Underperform with a $264 target, while Loop Capital slashed Domino's Pizza's (DPZ) target from $522 to $353.Are you ahead, or behind on retirement? SmartAsset's free tool can match you wit...