US Equity Markets Mixed Amid Weak Jobs Data

MT Newswires Live04:13

US equity indexes were mixed Thursday after nonfarm payrolls data showed a decline in new jobs.

* The June employment report showed nonfarm payrolls rose by 57,000, according to the Bureau of Labor Statistics, below the 113,000 jump expected in a Bloomberg-compiled survey. May payrolls were revised downward to a 129,000 gain, and April payrolls were revised down to a 148,000 expansion

* The Atlanta Federal Reserve's gross domestic product 'Nowcast' estimate came in at 1.2% growth in Q2, versus the previous 2.5% forecast.

* August West Texas Intermediate crude oil fell $0.14 to settle at $68.44 per barrel, while August Brent crude, the global benchmark, was last seen up $0.03 at $71.60.

* Apple (AAPL) plans to launch five new iPhone models despite a memory shortage that is driving up prices, Nikkei Asia reported Thursday. Shares of the company were up about 4.8%, the top gainer on the Dow.

* Tesla's (TSLA) shares were down about 7.5%, among the steepest decliners on the Nasdaq, even after the company's Q2 deliveries beat market expectations, while Truist Securities said the electric vehicle maker failed to provide any updates on key topics.

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