The S&P 500 futures currently trade 55 points below fair value.
July nonfarm payrolls increased by 73,000 (Briefing.com consensus: 102,000) from the prior revised increase of 14,000 (from 147,000) in June.
July private sector payrolls increased by 83,000 (Briefing.com consensus: 110,000) from the prior revised increase of 3,000 (from 74,000) in June.
The July unemployment rate was 4.2% (Briefing.com consensus: 4.2%) versus 4.1% in June.
The average workweek in July was 34.3 hours (Briefing.com consensus: 34.2) versus 34.2 hours in June.
July average hourly earnings were up 0.3% (Briefing.com consensus: 0.1%) versus 0.2% in July.