Cooling U.S. jobs data buys the Fed and stock market more time
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Article Excerpt
Cooling U.S. jobs data buys the Fed and stock market more time
SAQIB IQBAL AHMED AND LAURA MATTHEWS
NEW YORK
REUTERS
PUBLISHED JULY 2, 2026
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A tepid June jobs report offers relief for U.S. equities just as investors had begun to worry that excessive labor market strength might force the Federal Reserve to turn more hawkish in its fight against inflation, hobbling highflying tech stocks that have driven this year’s rally.
U.S. job growth slowed more than exp…
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Jul 6, 2026