📈 U.S. Stock Market Wipes Out July Gains, Losing $1.1 Trillion on August 1, 2025

The U.S. stock market rose 2.0% ($1.3 trillion) in July 2025, fueled by strong investor optimism. But on August 1, a sharp 1.7% decline ($1.1 trillion) erased most of those gains following a disappointing jobs report (73,000 vs. 100,000 expected) and the announcement of new tariffs—raising concerns over a potential economic slowdown and renewed inflationary pressures.