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

NAMPA / AFP

2026-07-02

The dollar tumbled Thursday after disappointing US jobs data dampened expectations for a quick interest rate hike, while shifting investor bets from technology to industrial shares lifted the Dow to a fresh record. Total US nonfarm payroll employment grew by 57,000, about half the expected level in a data report that also downgraded jobs growth in the prior two months. The figures removed some of the shine surrounding the US economy, although the......

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