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The Nexus
BUSINESSJul 2 · 20:41 UTCCOURTHOUSE NEWSNick Rummell

Wall Street squeezes out minor gains on so-so jobs data

Wall Street saw modest gains amid mixed jobs data, with the Dow Jones Industrial Average setting a new record and the S&P 500 and Nasdaq recovering from previous losses. The June jobs report showed weaker labor market growth and downward revisions to prior months, but analysts suggested the data may be misleading due to a 61,000-job drop in the leisure and hospitality sector, which could be revised upward in the coming months.

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