Weak jobs data came out hours before President Donald Trump fired the head of labor statistics. A report on gross domestic product indicated a slowdown of growth over the first half of the year. A sweeping round of tariffs hit nearly 70 countries. These events -- all within the last last week -- prompted some analysts to warn of a recession and others to raise concerns about the political independence of gold-standard U.S. economic data. The stock market, however, hardly blinked. The tech-heavy Nasdaq has ticked up 0.4% since the end of trading last Tuesday, a day before the GDP report marked the first in a series of major developments. Over that same period, the S &P 500 has dropped 0.6%, while the Dow Jones Industrial Average has fallen 1.4%. Despite mixed results, the indexes remain wel
Why the stock market shrugged off weak data, recession fears

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