WS #11269
The June jobs report (payrolls +57K, unemployment 4.2%) reinforces the soft-landing thesis, driving the Dow to a record high, but the Nasdaq falls as semiconductors sell off on AI rotation fears.
US Jobs Report and Market Rotation
The June jobs report (payrolls +57K, unemployment 4.2%) reinforces the soft-landing thesis, driving the Dow to a record high, but the Nasdaq falls as semiconductors sell off on AI rotation fears.