Stocks took a rollercoaster ride on Tuesday as disappointing employment data hit the wires. You'd think soft job market signals would light a fire under rate-cut expectations, but here's the thing—the Federal Reserve isn't budging from its current outlook. The market's reaction? Mixed at best. Traders are caught between the reality of a sluggish labor market and the Fed's measured stance on monetary policy, leaving equities to digest conflicting narratives. Whether this signals a pivot in Fed thinking remains to be seen, but for now, the job data alone isn't enough to reshape the interest-rate conversation.