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Soft jobs, hard choices
Description
The U.S. economy added just 57,000 jobs in June, well below the 110,000 forecast in a Reuters poll, taking pressure off the Fed and pushing the dollar lower. Meanwhile, chip stocks sell off as investors rotate out of AI, and Asian factory activity expands, giving global stocks their best week since May.
Today’s recommended read: LME metals whipsawed by war and peace in first half of 2026, Andy Home
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Read more from Amanda Cooper and Anna Szymanski
Produced by Eliza Davis Beard and Abisoye Adelusi
Sound engineering and music by Sebastian and Josh Sommer
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