Market News Today — AI-Curated Stock & Crypto Headlines

A shockingly weak July jobs report revealed a 23,000 decrease in payrolls, significantly lowering the odds of a September Fed rate hike, which in turn has led to a rally in S&P 500 futures.

Indonesia's finance ministry expects S&P Global Ratings' affirmation of its sovereign credit profile to stabilize the domestic bond market, which experienced a selloff in June.

The Nasdaq and S&P 500 dropped 1% while the Dow Jones Industrial Average sank 600 points as President Trump's Iran threat sparked market panic, leading to a risk-off environment.

Stock futures are drifting lower following reports of Iran firing missiles at Israel, intensifying geopolitical tensions.

Marvell Technology (MRVL) is being added to the S&P 500 Index, a significant milestone driven by its strong performance in the AI data center sector.

Marvell Technology (MVL) is set to join the S&P 500 index, a move driven by its recent profitability and strong performance attributed to the AI boom, which will trigger mandatory buying from passive index funds.

GLJ Research upgraded First Solar (FSLR) to a 'Buy' rating from 'Hold', significantly raising its price target to $315 from $207.82.

Veeva Systems Inc.

Atmus Filtration Technologies Inc.

Coherent Corp.

Coherent's stock price increased by 4.8% after the company announced it would be added to the S&P 500 index, a significant milestone that can lead to increased investor interest and demand.

Oil prices have dropped below $80 a barrel after the US Navy successfully escorted an oil tanker through the Strait of Hormuz, easing concerns about a potential Iranian blockade, and the S&P 500 has risen as a result.