US Stock Market Today: Dow Jones Holds Steady While Nasdaq, S&P 500 Slip as AI-Fuelled Tech Rally Loses Steam Ahead of Key US Jobs Report
India, July 2 -- Wall Street opened Thursday's session on a mixed note as investors turned cautious ahead of the closely watched US nonfarm payrolls report. While Dow Jones futures edged higher, futures linked to the Nasdaq 100 and S&P 500 declined as the AI-driven rally in semiconductor stocks continued to lose momentum amid valuation concerns.
Dow Jones Today
Dow Jones Industrial Average futures rose 0.2%, outperforming the broader market even after the blue-chip index erased an intraday gain of 423.46 points in the previous session. The Dow had briefly touched a record high before ending Wednesday marginally lower, reflecting cautious investor sentiment ahead of key US economic data.
Nasdaq Today
Nasdaq 100 futures dropped 0.8% as ...
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