The U.S.
economy added 162,000 jobs in August, far exceeding expectations of 55,000,
with unemployment steady at 4.1 percent and prior months revised up.
Trump said this growth proves the economy's strength and argued 'stupidity causes inflation,' not robust hiring, urging stocks to rise instead of fall amid rising Treasury yields.
Investors worried the data might delay Federal Reserve rate cuts or spark hikes to combat inflation, highlighting the divide between White House optimism and Wall Street caution.