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How a Surprising Labor Report Fueled Tesla, Airbnb, and Nasdaq Gains — Market Wrap Aug 7, 2026
Today's AI insights from 7horns.ai reveal a historic rally on Wall Street, with the S&P 500 hitting a fresh all-time high, climbing 0.59% to close at 7,756. The Nasdaq led the charge, surging 1.28% to 26,686, driven by growth and tech shares. The Dow lagged but still rose 0.28% to 54,037. A surprising labor report sparked a rotation into growth stocks, fueling gains in electric vehicles and semiconductors. Tesla jumped 2.83%, Nvidia rose 2.27%, while Alphabet slipped 0.96%. Earnings season fueled volatility: Natera soared 21% after a strong Q2 report, Airbnb gained over 17% on an earnings…
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