Investors react to weak June jobs report

The June jobs report delivered two surprises with the unemployment rate unexpectedly falling even as hiring tumbled, but both reflected a labor market that suddenly looks a bit soft. Following the data, the S&P 500 opened higher and the two-year Treasury yield, which is linked to the Fed interest-rate outlook, fell, but stocks reversed lower later in the session as the focus turned to Big Tech.Become a supporter of this podcast: https://www.spreaker.com/podcast/the-daily-brief--6679022/support.Don’t miss our latest episodes! Please follow me to stay updates with fresh news everyday. Let’s keep the support this podcast to serve update news entire the world!