WS #11286
Weak June payrolls (57K vs 110K expected) reduce Fed rate hike odds, driving Dow to record close while Nasdaq falls on semiconductor sell-off. OpenAI offers US government 5% equity stake to ease regulatory hurdles amid corporate restructuring, potentially countering bearish AI narrative.
US Jobs Miss Fuels Rotation Out of Tech
Weak June payrolls (57K vs 110K expected) reduce Fed rate hike odds, driving Dow to record close while Nasdaq falls on semiconductor sell-off.
OpenAI offers US government 5% equity stake to ease regulatory hurdles amid corporate restructuring, potentially countering bearish AI narrative.