U.S. Markets Close | Weak Jobs Report Dampens Rate Hike Expectations; S&P 500 Hits New Record High. Software Stocks Surge, with Atlassian Jumping 35% Post-Earnings and Palantir Rising Over 10%. Gold Rebounds Strongly Above $4,300.

The S&P 500 rose 0.59% to close at 7,755.61, the Nasdaq Composite gained 1.28% to 26,686.48, and the Dow Jones Industrial Average advanced 0.28% to 54,036.93. All three major U.S. equity indices recorded their largest weekly gains since mid-April this week. Spot gold surged 2.3% to $4,336 per ounce. WTI crude traded at approximately $77.5 per barrel, while Brent crude was around $82.5 per barrel. The yield on the 10-year U.S. Treasury note stood at 4.65%.

wallstreetcnAug 8 06:23

Midday Need to Know: Payrolls Fall, Lilly and Novo Win Antitrust Battle & More

Seeking AlphaAug 8 00:03

Take-Two CEO Says GTA VI Will Deliver Far More Value Than Its $80 Price Tag

BenzingaAug 7 22:54

Take-Two Interactive Affirms FY2027 Adj EPS Guidance of $5.75-$6.00 Vs $6.80 Est; Affirms FY2027 Sales Guidance of $8.000B-$8.200B Vs $8.513B Est

BenzingaAug 7 19:34

Take-Two Interactive Sees Q2 GAAP EPS $(0.84)-$(0.75) Vs $(0.87) Est; Sees Sales $1.420B-$1.470B

BenzingaAug 7 19:31

Take-Two Interactive Affirms FY2027 GAAP EPS Guidance of $0.55-$0.75; Affirms FY2027 Sales Guidance of $7.900B-$8.100B

BenzingaAug 7 19:31