A selloff in chipmakers weighed on stocks while short-dated bonds rose as a slower-than-anticipated increase in US jobs bolstered bets the Federal Reserve won’t raise rates any time soon.
Macro Bloomberg Jul 1, 2026
S&P 500 Erases Jobs-Fueled Gain as Chipmakers Sink: Markets Wrap
A selloff in chipmakers weighed on stocks while short-dated bonds rose as a slower-than-anticipated increase in US jobs bolstered bets the Federal Reserve won’t raise rates any time soon.
