💨 Abstract

Asian markets were mixed following Wall Street's worst day since May due to weak U.S. jobs data. The U.S. added just 73,000 jobs in July, far below expectations. Investors fear a weakening U.S. economy, and tariff policies are adding to uncertainty. The tech sector, including Amazon and Apple, faces challenges due to tariffs. The Federal Reserve may cut interest rates in September to stimulate the economy, though this could also fuel inflation.

Courtesy: WTOP Staff