Dow Jones Top Markets Headlines at 1 AM ET: Bank Stocks Rally, Chips Pull Back in Mixed Day of Trading | Warsh …

Bank Stocks Rally, Chips Pull Back in Mixed Day of Trading

The S&P 500 closes 0.2% lower as investors look ahead to the jobs report.

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Warsh Says Inflation Outlook Has Improved but Won’t Say if Fed Should Hike Rates

The Fed chairman declined to say how the Fed will approach an upcoming debate over whether to raise rates, calling the coming meeting a “good family fight.”

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Is the U.S. jobs market getting better? June employment report to give us a heat check.

Is it getting easier to find a job? Are businesses really hiring more workers? That’s what the official data statistics tell us – but Americans aren’t so sure.

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South Korea Inflation Accelerates to 30-Month High in June

Elevated inflation in the country is likely to strengthen the case for the central bank to tighten monetary policy at its rate-setting meeting later this month.

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U.S. Plunges Trade Pact With Canada and Mexico Into Doubt

Washington declined to renew the deal by a deadline on Wednesday, setting it up for annual reviews.

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Michael Burry Cites ‘Beginning of the End’ With New AI Short Bets

Tesla, Caterpillar, Applied Materials and an ETF of chip stocks are in the idiosyncratic investor’s crosshairs.

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What’s Ahead for Tech and Other Sectors In the Second Half of 2026

Technology stocks may have more room to run than energy shares as AI spending remains strong and oil prices retreat.

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The World’s Top Economists Are Sounding the Alarm on AI

Several have joined the chorus of voices warning about the potential global fallout if the AI boom turns to bust.

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German Pension Reform Turns Savers Into Investors. That Will Fuel the Market.

The German stock market could use help. The Dax 40 index has barely budged since Friedrich Merz became chancellor 14 months ago.

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U.S. Factory Activity Continued to Expand in June

The Institute for Supply Management’s purchasing managers’ index was 53.3 last month, 0.7 percentage point lower than in May.

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Private Sector Hiring Grew Slightly Below Expectations Last Month

Private companies added a net 98,000 jobs in June after adding 122,000 jobs in May, human-resources company ADP said.

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U.S. Crude Oil Inventories Extend Decline

Commercial crude oil stocks excluding the Strategic Petroleum Reserve fell by 3.8 million barrels to 408.4 million barrels in the week ended June 26, and were about 7% below the five-year average for the time of year, the EIA said.

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Eurozone Inflation Declines as Energy Shock Fades in Relief for ECB

Inflation fell to 2.8% in June, increasing the likelihood that the European Central Bank will hold rates steady later this month.

(END) Dow Jones Newswires

July 02, 2026 01:15 ET (05:15 GMT)

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