US Edition
Wall Street Ends Week At Record Highs As Jobs Data Surprises - Ford Motor (NYSE:F), General Motors (NYSE:GM)
- Wall Street ended the week at record highs on July 3-4, 2025, with the S&P 500 and Nasdaq reaching multiple all-time highs in New York.
- This surge followed stronger-than-expected labor market data, including a June payroll increase of 147,000 jobs and an unemployment rate dipping to 4.1%.
- Investors also reacted positively to Ford's 14% rise in second-quarter vehicle sales and the announcement that Datadog will join the S&P 500 index, rallying 14.9%.
- Federal Reserve Chair Jerome Powell said he will monitor tariffs' impact on inflation before deciding on rate moves, while markets see less than a 5% chance of a rate cut later this month.
- The data and market gains suggest economic resilience despite tariff uncertainties, complicating near-term Federal Reserve policy and signaling cautious optimism among investors.
Insights by Ground AI
Does this summary seem wrong?
Podcasts & Opinions
70 Articles
70 Articles
All
Left
9
Center
14
Right
12
Coverage Details
Total News Sources70
Leaning Left9Leaning Right12Center14Last UpdatedBias Distribution40% Center
Bias Distribution
- 40% of the sources are Center
40% Center
L 26%
C 40%
R 34%
Factuality
To view factuality data please Upgrade to Premium
