I'm Jackie DeAngelis and this is the Fox Business Rundown.

Stock Index futures saw a moderate bounce this morning recovering after last week's disappointing jobs numbers and investors knee-jerk reaction to tariff jitters.

They had the Fed meeting, then they got the labor market data shortly thereafter, realized,

oops, we made a mistake.

July, they should have cut, but they didn't, and so they do have an opportunity to course

correct come September.

Plenty of economic data out last week, the top stories revolving around trade developments

and jobs data.

On Thursday, the Trump administration demonstrated

they are still hard at work negotiating on trade, noting that many nations have still yet

to come to the table to sufficiently address our trade imbalances. The president signed an executive

order on Thursday evening turning up the heat in negotiations by raising the universal tariffs to 15% on

nations with whom the U.S. has a trade deficit with. Meanwhile, a hiring slowdown became

the main driver for market concerns last week with the Bureau of Labor Statistics on Friday

reporting that the economy had added just 73,000 jobs in July, and they also revised

May and June's numbers down by over 200,000 jobs. President Trump was critical of this report

and the downward revisions, firing his BLS commissioner, saying, quote, she will be replaced with someone

much more competent and qualified.

Important numbers like this must be fair and accurate.

Meantime, stocks are steadying this morning as investors take the jobs number as a sign that the Fed will likely cut rates next month.

I think that the Fed would have rather have had that employment report before they met instead of after,

because pretty much everything that Chair Powell said during the press conference,

...