<div id="readability-page-1">The most bearish month of the year (historically) kicked off appropriately on Tuesday, with a broad-market selloff triggered by tariff updates, rising bond yields, and more tech profit-taking to start the holiday-shortened week. Despite this, all three major indexes went on to mark record highs on Friday, though only the S&amp;P 500 Index (SPX) and Nasdaq Composite Index (IXIC) are headed for weekly wins, while the Dow Jones Industrial Average (DJI) eyes its second-straight weekly loss.Investors unpacked weak employment data throughout the week, using it to gauge the state of the labor market and the likelihood of a September rate cut. Notably, the Job Openings and Labor Turnover report showed roughly 7.18 million listings in July, below expectations and only the second reading under 7.2 million since 2020. ADP private payrolls also came in below expectations, while the highly-anticipated August jobs report showed 22,000 jobs added last month, far below the anticipated 75,000. <h2>Individual Movers This Week</h2>Alphabet (GOOGL) stock's record highs gave the tech sector a lift on Tuesday, after the tech giant avoided a breakup in the Department of Justice's (DoJ) antitrust case ruling. The results also favored Apple (AAPL), which is embroiled in its own antitrust lawsuit. Meanwhile, PepsiCo (PEP) stock moved higher after news that activist investor Elliott Investment Management took a $4 billion stake in the beverage giant, citing a &#34;rare&#34; and &#34;historic&#34; opportunity for a turnaround. On the earnings front, Nio (NIO), Dollar Tree (DLTR), Macy's (M), Zscaler (ZS), Salesforce (CRM), American Eagle (AEO), Lululemon (LULU), and Broadcom (AVGO) all reported their results. <h2>Looking Ahead</h2>Inflation data will highlight next week, while these 35 ETFs are worth watching after the S&amp;P 500's recent surge. Plus, as football season begins, here are some tactics that work for both fantasy football and options trading.</div>

The historically bearish month began with a broad-market selloff due to tariff updates and rising bond yields, yet all three major indexes reached record highs on Friday. The S&P 500 and Nasdaq are set for weekly gains, while the Dow faces a second consecutive loss. Weak employment data raised concerns about the labor market and potential rate cuts. Notable stock movements included Alphabet's record highs and PepsiCo's rise following a significant investment. Upcoming inflation data and ETF trends are anticipated next week.

Historically Bearish Month Kicks Off with Record Highs