Dow Closes At Record High As Weak Jobs Data Calm Rate Hike Fears, While Chipmakers Weigh On S&P 500, Nasdaq — WMT, META, GM, KR, QCOM In Focus
U.S. recruitment slowed significantly in June, dampening some of the employment growth momentum observed earlier this year. The S&P 500 ended flat, while the Nasdaq 100 eased 1.6% and the Dow Jones Industrial Average added 1.1%. Anthropic PBC is in talks with Samsung Electronics Co. to become a manufacturing partner for a custom artificial-intelligence chip. … Read more