Salem Radio Network News Friday, July 3, 2026

Business

Wall St opens higher after June jobs report eases rate-hike bets

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July 2 (Reuters) – Wall Street’s main indexes opened higher on Thursday after a softer-than-expected employment report for June tempered expectations for interest-rate hikes by the Federal Reserve.

The Dow Jones Industrial Average rose 90.0 points, or 0.17%, at the open to 52,395.22. The S&P 500 rose 11.9 points, or 0.16%, at the open to 7,495.14​, while the Nasdaq Composite rose 7.4 points, or 0.03%, to 26,047.382.

(Reporting by Niket Nishant and Avinash P in Bengaluru; Editing by Devika Syamnath)

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