HighPositive
Announced Thu, 2 Jul · 19:05 IST
US stocks today: US stocks rise as softer jobs data calms rate-hike fears
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
US nonfarm payrolls rose by 57,000 in May against estimates of 110,000, with unemployment at 4.2%. Softer jobs data eased rate-hike fears, sending the Dow up 0.86 percent, S&P 500 up 0.67 percent and Nasdaq up 0.56 percent. Odds of a rate hike this year fell to 76 percent from 84 percent before the report, though Middle East tensions and AI trade uncertainty remain key risks.