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U.S. Markets end mostly higher on Thursday
Jul-03-2026

U.S. markets closed mostly higher on Thursday, after a softer-than-expected June jobs report eased concerns over an imminent interest rate hike by the Federal Reserve. Traders took note of a U.S. Labor Department report showing that employment in the U.S. increased by much less than expected in June. The report said non-farm payroll employment rose by 57,000 jobs in June after increasing by 129,000 jobs in May. Street had expected employment to climb by 114,000 jobs, compared with the originally reported increase of 172,000 jobs in the previous month. Meanwhile, the Commerce Department reported a sharp decline in new orders for U.S. manufactured goods in May, primarily due to a steep drop in durable goods orders. Additionally, first-time claims for U.S. unemployment benefits unexpectedly edged lower last week.

Dow Jones Industrial Average surged 594.83 points or 1.14 percent to 52,900.07 and S&P 500 increased 0.01 points to 7,483.24, while Nasdaq decreased 207.36 points or 0.8 percent to 25,832.672.


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