** S&P 500 .SPX gains 0.9% as better-than-expected rise in July jobs overshadows Delta variant worries
** Though might things go from bullish fodder to bearish dust? , and does Buffett's Berkshire BRKb.N have value as a leading indicator?
** In the end, the SPX is coiled up, and hissing , while Nasdaq .IXIC termites, may be bears by any other name
** Nearly all sectors get hired: Financials collect biggest paycheck, while only consumer staples short-changed
** Financials .SPSY jump 3.6%. Major lenders shine as strong jobs data sends yields higher . S&P Banks index .SPXBK gains 4.5%
** Tech .SPLRCT climbs 0.9%. Paycom Software PAYC.N best sector performer, rallies ~17%, as analysts hike PTs after upbeat qtr . Though Square Inc's SQ.N buy of Australia's Afterpay (APT) batters payment tech firms . Fidelity National Info Services FIS.N loses 10%, Global Payments GPN.N drops 9%
** Real Estate .SPLRCR up 0.7%. Simon Property Group SPG.N rises as Wall Street views retailer investments to boost growth
** Consumer Discretionary .SPLRCD ticks up 0.4%. Best SPX stock Under Armour UAA.N jumps 22% as strong full-price sales drive outlook raise . But GM GM.N skids as results, forecast fail to inspire
** Consumer Staples .SPLRCS dip 0.5%. Clorox CLX.N falls ~10% as disinfectants' demand slowdown prompts weak forecast
** Meanwhile, Robinhood Markets HOOD.O finishes on an upswing in dizzying week of trading
** SPX performance YTD:
(Lance Tupper and Terence Gabriel are Reuters market analysts. The views expressed are their own) (([email protected] [email protected] [email protected] [email protected]))
** S&P 500 .SPX gains 0.9% as better-than-expected rise in July...
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