Europe Rallies on French Election, US Awaits Jobs Data US stocks wavered at the start of July as investors digested mixed economic signals and prepared for upcoming reports. The ISM manufacturing index showed continued contraction in June, albeit with moderating prices. Traders are reassessing strategies in light of recent political developments, including the French election and the US presidential race. While European markets rallied on reduced fears of extreme policies in France, US markets remained cautious. Tech stocks, particularly Nvidia, faced pressure, while Treasury yields rose slightly. Investors are now focusing on upcoming economic data, especially Friday’s US jobs report, to gauge the market’s direction. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Could the Chinese Yuan Overtake the US Dollar? READ MORE The Elusive Art of Recession Forecasting: Why Economic Indicators Fall Short READ MORE Regional Banks Continue to Tumble READ MORE Gold and Bitcoin: Vital Challengers to Fiat Currencies READ MORE Oil Market Teeters: US Stockpile Drop Counters Global Surplus Fears READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment