Stock futures edge up after weak start to July trading; jobs report ahead: Live updates - CNBC
The Dow Jones Industrial Average reached record highs following a weaker-than-expected June jobs report, while the Nasdaq declined due to a continued selloff in semiconductor stocks. Investors are re-evaluating the AI sector's growth potential amid shifting economic data and Federal Reserve policy expectations.
Why it matters
The divergence between traditional industrial stocks and tech-heavy indices highlights a potential rotation in investor sentiment regarding AI and interest rate sensitivity.
The Dow Jones Industrial Average scaled to record highs on Thursday as investors reacted to a weaker-than-expected nonfarm payrolls report for June , while the Nasdaq Composite languished as semiconductors struggled once again.
The article provides a balanced overview of market performance and expert commentary without taking a stance.
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in