Weekly Wrap Up for 8/5/2022

Weekly Market Recap for 8/5/2022

Items reviewed:
Major World Market Indices
https://www.investing.com/indices/major-indices

U.S. Initial Jobless Claims
https://www.investing.com/economic-calendar/initial-jobless-claims-294

U.S. Continuing Jobless Claims
https://www.investing.com/economic-calendar/continuing-jobless-claims-522

U.S. ISM Manufacturing Purchasing Managers Index (PMI)
https://www.investing.com/economic-calendar/ism-manufacturing-pmi-173

U.S. JOLTs Job Openings
https://www.investing.com/economic-calendar/jolts-job-openings-1057

U.S. Factory Orders MoM
https://www.investing.com/economic-calendar/factory-orders-100

U.S. Unemployment Rate
https://www.investing.com/economic-calendar/unemployment-rate-300

U.S. Participation Rate
https://www.investing.com/economic-calendar/participation-rate-1581

S&P 500 Slips as Surging U.S. Yields Dent Tech Amid Blowout Jobs Report
https://www.investing.com/news/stock-market-news/sp-500-slips-as-surging-us-yields-dent-tech-amid-blowout-jobs-report-2865666

BofA Says Take Profit on ‘Bear Rally’ as Stock Outflows Resume
https://finance.yahoo.com/news/global-stocks-being-shunned-again-072444909.html

Consumer Credit Surged In June, 2nd Largest Monthly Increase Ever
https://www.zerohedge.com/personal-finance/consumer-credit-surged-june-2nd-largest-monthly-increase-ever

JPM Says 75bp Hike In September Now "Looks Likely" With Goldman Still At 50bp
https://www.zerohedge.com/markets/jpm-says-75bp-hike-september-now-looks-likely-goldman-still-50bp

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