The Business Times
business-time-50

Wall St opens higher after June jobs report eases rate-hike bets

Summarise
google-preferred-sourceAdd BT as a preferred source
Published Thu, Jul 2, 2026 · 09:42 PM
    • The Dow Jones Industrial Average rose 90.0 points, or 0.17 per cent, at the open to 52,395.22. 
    • The Dow Jones Industrial Average rose 90.0 points, or 0.17 per cent, at the open to 52,395.22.  PHOTO: REUTERS

    [NEW YORK] Wall Street’s main indexes opened higher on Thursday (Jul 2) after a softer-than-expected employment report for June tempered expectations for interest-rate hikes by the Federal Reserve.

    The Dow Jones Industrial Average rose 90.0 points, or 0.17 per cent, at the open to 52,395.22.

    The S&P 500 rose 11.9 points, or 0.16 per cent, at the open to 7,495.14​, while the Nasdaq Composite rose 7.4 points, or 0.03 per cent, to 26,047.382. REUTERS

    Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.

    Dow JonesS&P 500Nasdaq

    Share with us your feedback on BT's products and services

    Feedback

    TRENDING NOW

    Over the past three years, Singapore has overtaken Hong Kong as the top destination for Taiwanese offshore wealth.

    Taiwan’s wealthy seeks diversification to Singapore, sparking private banking race: Bloomberg

    Investors have to understand the liquidity limits of evergreen funds before investing in them, says Craig MacDonald, managing director at HarbourVest.

    Evergreen funds making inroads into Asia: HarbourVest

    Vincent Tan, founder of Berjaya Group, has reduced his holdings in multiple companies within the group.

    Malaysian tycoon Vincent Tan’s sell-downs point to pruning rather than an exit plan

    Located along Tamarind Road, the five-storey Serenity Park condominium comprises 179 units across 10 blocks.

    Serenity Park condo owners lower asking price to S$440 million in second shot at collective sale

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More