How a Weak Jobs Report Drove Fed Expectations and Nasdaq’s 1.3% Surge — Market Wrap Aug 10, 2026

7horns.ai Daily Briefing EN · Aug 10, 2026 · 2m

Today's AI insights from 7horns.ai highlight the S&P 500 reaching a record high, fueled by a weaker-than-expected July jobs report that shifted Federal Reserve rate expectations. The S&P 500 closed up 0.62%, with the Nasdaq leading gains at +1.3%, driven by strong performances from Tesla (+2.83%), which crossed the $300 mark, and Nvidia (+2.27%). Gold surged over 2%, reflecting safe-haven demand, while oil prices jumped 2.64% in pre-market trading, signaling heightened energy market volatility. This combination of easing monetary policy expectations and sector strength is setting a…