London, July 2, 2026 (AFP) - Dollar down, stocks shine after disappointing US jobs data

NAMPA / AFP

2026-07-02

The dollar fell Thursday after disappointing US jobs data dampened expectations of a quick hike in interest rates. Stock markets got a boost however, setting fresh record highs. Non-farm payroll data showed that the US economy added 57,000 jobs in June, far below the approximately 110,000 jobs expected by analysts and the 172,000 jobs added in May. "The stock market liked the data and the dollar hated it because it effectively rules out the chanc......

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