The FTSE 100 closed up 174.53 points, 1.7%, at 10,652.87.
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According to the Bureau of Labor Statistics, nonfarm payrolls in June increased by a seasonally adjusted 57,000.
Payrolls badly missed the 115,000 economists expected, and the unemployment rate's dip to 4.2% masked a shrinking labor force. Now it's Fed Chair Kevin Warsh's problem.
Jobless Claims Decreased Less Than Expected
Tesla’s delivery results are the latest example. Tesla reported exceptional second-quarter delivery results on Thursday. Tesla stock was down 2.6%, at $413.92, in early trading, while the was up 0.7% and the added 0.9%.
Stocks were up to start Thursday’s session after the unemployment rate fell unexpectedly in June. The Dow rose 370 points, or 0.7%. The U.S. economy added fewer jobs than economists expected in June, but unemployment dipped to 4.2%.
SpaceX stock was rising early Thursday despite a couple of new Wall Street reports that just aren’t very bullish. Shares of Elon Musk’s rocket and AI company were up 1.7% at $160.17 in early trading Thursday, while the and were up 0.7% and 0.8%, respectively. Overall, 13 analysts have launched coverage of SpaceX stock.
Rivian reports second-quarter deliveries of 12,194 vehicles. Wall Street was looking for about 11,000 vehicles.
US stocks look set to open higher in Thursday's trading session as investors parse key employment da
US stock futures were quiet in Thursday's premarket session as investors awaited key employment data
Investing.com - U.S. stock futures were mixed on Thursday as investors awaited a closely watched U.S. employment report that could help shape expectations for Federal Reserve interest rate policy in the months ahead.
US stock futures were mixed ahead of the final trading session before the Independence Day long weekend, with the key non-farm payrolls report brought forward to Thursday. Dow Jones futures up 0.2%, the S&P 500 little changed and Nasdaq futures down 0.3% as investors weighed the outlook...
Microsoft stock is having a terrible year but it’s starting to get a boost for an unlikely reason. The shares started the second half of the year well, rising 3% Wednesday and pointing higher again in premarket trading Thursday, with the stock up 0.7%. The is little changed in premarket trading, while the is up .2%, and the is down 0.3%.
A fourth straight month of gains above 100,000 would represent a run of job growth not seen since the start of 2024
Wall Street futures pointed moderately lower pre-bell Thursday, as traders again weighed rich valuat
News of the Day for July 2, 2026
If you think falling oil prices mark the end of Trump-driven inflation, you'll be sorely mistaken.
7.48am: Currys serves up tasty returns Currys has doubled its dividend and unveiled a new £50 million share buyback as the electricals retailer posted profits in line with previous guidance. Adjusted pre-tax profit for the year to 2 May jumped 18% to £191 million, on revenue up 6% to...

<body><p>STORY: U.S. stocks finished flat to slightly lower on Wednesday, with the Dow little changed, the S&P 500 down more than two-tenths of a percent and the Nasdaq sliding two-thirds of a percent.</p><p>Speaking at a European Central Bank panel in Portugal, U.S. Federal Reserve Chair Kevin Warsh said he will stick firmly to the central bank's 2% inflation target and "disappoint" anyone who expects loose monetary policy despite President Donald Trump's call for interest rate cuts.</p><p>But Brad Bernstein, managing director at UBS Private Wealth Management, doesn't think the Fed will hike rates this year either.</p><p>"One of the three reasons we think markets will be higher at the end of the year is because the Fed is not going to raise interest rates this year. // We think more likely they'll resume Fed cuts in the spring of next year. And today, Fed Chair Walsh said in Portugal that he has seen in the last four weeks expectations, inflation expectations continuing to get better because of the drop most likely he - didn't cite this - but most likely because oil has gone from 90 [dollars a barrel] to 70 and now under 70 today."</p><p>Among Wednesday's stock moves, technology shares fell, with the Philadelphia Semiconductor Index down more than 6%.</p><p>One tech outlier was Meta Platforms after Bloomberg News reported that it is building a cloud business to sell excess AI computing capacity.</p><p>Among the day's decliners, shares of Alcoa fell about 9% after Australia's South32 agreed to sell most of its aluminum assets to Alcoa.</p><p>The key monthly U.S. jobs report is due out on Thursday, while the market will be closed Friday ahead of the Fourth of July holiday.</p></body>
US stock futures slipped as investors braced for Thursday's release of the June jobs report.
US stock futures slipped as investors braced for Thursday’s release of the June jobs report.