Julys weak jobs report and downward revisions trigger stock selloff, boost Fed rate cut odds, and shift focus to September’s FOMC meeting.Weak Payrolls, Sharp Revisions Drive Broad Market Selloff and Fuel September Rate Cut ExpectationsThe July jobs report dealt a sharp blow to markets, revealing unexpected weakness in the U.S. labor market. Only 73,000 jobs were added last month, well below expectations of 104,000. But the real surprise came from deep downward revisions to prior months—May and