US stocks surged Friday as an unexpected July jobs contraction sparked hopes the Federal Reserve will hold rates steady. The Nasdaq led with a 1.3% jump, while the S&P 500 and Dow posted gains on softer labor market signals and cooling oil prices. Major indices logged their strongest week since April.
→ Monday: SpaceX lockup expiration with 900M+ shares set to trade; earnings flow continues with Super Micro Computer due Tuesday
→ Next week: Applied Materials earnings Thursday; Fed speakers on inflation and rate path signals; labor market breadth data
→ Oil geopolitical risks: watch Strait of Hormuz corridor stability; any escalation could reverse day's energy-driven rally momentum