HighNeutral
Announced Fri, 3 Jul · 01:35 IST

US stocks today: Nasdaq ends lower with tech slip; investors assess softer jobs data

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

US markets ended mixed with the Dow rising 560 points (1.10%) to 52,865.24 for its fourth consecutive weekly gain, while the Nasdaq fell 226 points (0.87%) to 25,813.75 on weakness in tech and semiconductor stocks. The US nonfarm payrolls report showed only 57,000 jobs added against expectations of 110,000, lowering the unemployment rate to 4.2% and reducing Fed rate hike expectations for September to 55% from 64.1%. Oil prices fell after mediator Qatar reported progress in Iran-US talks aimed at ending the Middle East conflict.