Stock market up with tech stocks leading gains, unemployment rate drops, trade tensions escalate between US and China

From Barchart: 2025-07-03 09:15:00

The stock market saw a significant increase today, with the S&P 500 rising by 2% and the Dow Jones Industrial Average up by 1.5%. Tech stocks led the gains, with Amazon and Apple both seeing a 3% increase in their share prices.

In economic news, the unemployment rate dropped to 4.8%, the lowest it has been since the start of the pandemic. This comes as more businesses are reopening and hiring workers, signaling a strong recovery in the labor market.

On the global front, tensions between the US and China continue to escalate, with both countries imposing new tariffs on each other’s goods. This has led to concerns about a potential trade war and its impact on the global economy.



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