Despite the growing fears of potential recession after two consecutive quarters of falling U.S. economic output, the July jobs report soared past expectations and showed continued robust hiring that runs counter to the narrative of economic weakness.

Equity markets surged higher last week, capping off the highest monthly returns since July of 2020, as future rate hike expectations slid lower following the Federal Reserve meeting and corporate earnings broadly continued to come in better than feared.

U.S. equities posted their largest weekly gains in a month last week as beaten down growth stocks surged while long-term interest rates dipped lower.

What’s not to love about your local farmer’s market? There’s the intoxicating smell of homemade, high-quality lotions, soaps, and candles. The rainbow of fresh vegetables, the sweet taste of fresh-baked goods, and the feel of delicately made handcrafts.

Stocks rebounded higher on Friday and snapped a five-day losing streak thanks to stronger than expected retail sales data and a moderation in inflation expectations. Financial stocks paced Friday's gains, with Citigroup surging 13% as it reported the best second-quarter results of any big bank so far.