US Stock Market LIVE Updates: Dow Jones turns negative after unexpected drop in private payrolls data

13 hours ago

HomeMarket NewsUS Stock Market LIVE Updates: Dow Jones turns negative after unexpected drop in private payrolls data

US Stock Market LIVE Updates: US stocks are drifting as Wall Street’s record-breaking rally slows ahead of a highly anticipated report coming Thursday about the US economy. The S&P 500 edged down by 0.1% Wednesday, coming off its first loss after hitting all-time highs in back-to-back days. The Dow Jones Industrial Average dipped 16 points, and the Nasdaq composite slipped 0.1%.

 Dow Jones turns negative after unexpected drop in private payrolls data

US Stock Market LIVE Updates: US stocks are drifting as Wall Street’s record-breaking rally slows ahead of a highly anticipated report coming Thursday (July 2) about the US economy. The S&P 500 edged down by 0.1% Wednesday, coming off its first loss after hitting all-time highs in back-to-back days. The Dow Jones Industrial Average dipped 16 points, and the Nasdaq composite slipped 0.1%. Treasury yields were mixed ahead of Thursday’s report, which will show how many jobs U.S. employers created and destroyed last month. An unexpected weakening of the job market could push the Federal Reserve to resume cutting interest rates.

Watch this space for all the live updates.

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