July was a solid month for stocks, with the S&P 500 up 2.1% and the Nasdaq up 3.7%.  Our PureVest Weekly Roundup looked at some big news from the past week.  While GDP growth in Q2 showed the economy growing at a 3% rate, the employment numbers on Friday were not good as the U.S. added only 73,000 jobs.  May and June’s numbers were also revised lower.  Big tech reported solid earnings this week.  President Trump also released new tariff rates, but delayed their implementation for another week.  On Wednesday, Jerome Powell left interest rates unchanged, but following the jobs report on Friday, rates fell sharply, anticipating rate cuts in September.  If you missed our latest blog post, you can find it below.  Enjoy the light reading, and have a great weekend.

Markets & Economy: U.S. added just 73,000 jobs in July and numbers for prior months were revised much lower source:cnbc.com U.S. economy grew at a 3% rate in Q2, a better-than-expected pace even as Trump’s tariffs hit source:cnbc.com What we learned from Meta, Microsoft, Amazon and Apple’s latest results source:www.ajbell.com Trump Unveils New Tariff Rates, Delays Implementation Until Aug. 7 source:www.investopedia.com Fed holds interest rates steady: What that means for car loans, credit cards, mortgages and more source:www.cnbc.com Union Pacific to reshape US freight rail with $85 billion deal for Norfolk source:reuters.comNew Blog Post: 42 Lessons the Markets (and Life) Taught Me source:purevest.net