<h1>Market Drops on Weak Job Growth and Tariff Delays, Raising Rate Cut Expectations for September Meeting</h1> Stock markets declined sharply following a government report indicating a significant slowdown in job growth, with only 73,000 jobs added in the previous month and substantial downward revisions to prior months' payrolls. This weak employment data increased market expectations for an interest rate cut by the central bank in the upcoming September meeting. Concurrently, the government extended the implementation date of import tariffs to August 7 for countries without trade agreements, contributing to market uncertainty. Treasury yields fell notably, reflecting investor anticipation of monetary easing to support the economy. Despite concerns, one major technology company saw a slight stock increase after a positive earnings report. The overall market reaction reflects heightened fears of economic weakness and potential inflation risks tied to prospective policy adjustments.