Market 08/03: Fear of interest rates persisting after government's record borrowing plan

Manufacturing workers losing jobs for 5 consecutive months, wage growth slows

US ISM/PMI manufacturing index weakens, causing ADP jobs report expected to slow sharply in July, however in reality this figure recorded an increase of over 324,000 jobs.

Small and medium-sized companies lead in job growth while large companies still face waves of layoffs.

New jobs continue to grow strongly in July, with services and leisure & entertainment sectors continuing to lead growth.