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Stock Market News — August 07, 2026 — Morning Update — Last 12 Hours (Pacific Time)
Surprise July jobs decline of 23,000 crushed rate-hike fears, sending S&P 500 and Nasdaq higher, while a wave of software earnings beats—led by Atlassian (+33%), Doximity (+66%), and Cloudflare (+16%)—reinforced a powerful "software is back" narrative.
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