The stock market took a hit after a shockingly weak jobs report, ending a five-week uptrend. Signs of economic slowdown were evident, with lower job creation numbers and manufacturing contraction. Inflation is on the rise, and trade deals threaten higher costs. Despite the bearish outlook, the possibility of rate cuts by the Fed may provide a silver lining. Investors should expect market sloppiness in the coming months, as history shows August/September is historically weak. While the future remains uncertain, a period of consolidation may be on the horizon. This is not individual investment advice.

Read more at Investing.com: S&P 500: The Market’s Current Sloppiness Is Exactly What We Should Expect