Markets Stumble as June Payrolls Plunge Below Growth Forecasts
U.S. job creation slowed to just 57,000 in June, missing expectations and signaling a cooling labor market as households face rising costs and environmental risks ahead of the holiday.
U.S. job creation slowed to just 57,000 in June, missing expectations and signaling a cooling labor market as households face rising costs and environmental risks ahead of the holiday.
Bitcoin spot ETFs ended a ten-day outflow streak with $222 million in net arrivals, as cooling labor data and shifting Federal Reserve rhetoric bolster the case for decentralized monetary assets.
The S&P 500 remained flat as a weak June jobs report shifted investor focus from aggressive tech growth toward defensive cyclicals and a more cautious Federal Reserve outlook.
The S&P 500 slipped 0.11% as a sharp correction in semiconductor stocks and cautious pre-payrolls positioning offset a softer dollar and easing Treasury yields.
U.S. equities face downward pressure as a global semiconductor slump and hawkish Federal Reserve signals counter a rotation into consumer and financial shares.
Major indices slipped on July 1 as profit-taking in the tech sector and persistent inflationary pressures in the Treasury market signaled a cautious start to the third quarter for American…
Major indices remained flat Tuesday as a surge in communication services offset broader tech stagnation and rising concerns over the massive resource requirements of AI infrastructure.
The S&P 500 gained 0.78% behind a semiconductor rally, while the AI boom drives record energy and water consumption across the technology sector.
The S&P 500 rose 0.79% as investors balanced a Supreme Court ruling on Federal Reserve independence against warnings from the BIS regarding a potential AI-driven market slump.