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TRADING DAY-Stocks Bounce Back, Bonds More Cautious

August 05, 2025, 05.56 AM | Source: Reuters
TRADING DAY-Stocks Bounce Back, Bonds More Cautious

ILUSTRASI. A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., July 25, 2025. REUTERS/Jeenah Moon

GLOBAL MARKET. Investors shrugged off last week's worries over the U.S. economy to drive a powerful, tech-led rebound across global stocks on Monday, although U.S. Treasuries prices held onto Friday's gains, suggesting a fair degree of caution persists.

More on all that below. In my column today I look at why rather than firing the head of the Bureau of Labor Statistics, President Donald Trump could have claimed that the weak jobs data and dramatic market reaction vindicated his stance that the Fed should cut rates.

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