A Cold Jobs Number Cools the Rate-Hike Fear | Daily Market Recap

Your 3-minute daily market update - simplified for busy investors.

Today: US adds only 57K jobs in June (vs 110K expected) with prior months revised down 74K, rate hike pushed from October to December, S&P 500 flat at 7,483 while Nasdaq drops -1.61% on chip selloff, memory fund crashes -7.7% as overcapacity fears spread, Apple bucks the trend +5% steadying the index, AeroVironment surges +10.7% on $500M Army drone contract, Tesla tumbles -7.5% despite beating deliveries, Blue Owl faces $4.7B in fund redemption requests, and gold climbs +1.43% to $4,182 on softer yields.

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