US June Jobs Report: Only 57,000 Jobs Added, Far Below Expectations
The US added only 57,000 jobs in June 2026, far below the expected 150,000, triggering a stock market selloff and boosting expectations for Federal Reserve rate cuts.
Market Update
Dow Plunges 400 Points as Oil Prices and Bond Yields Squeeze Wall Street
[Core Summary]: The Dow Jones Industrial Average fell sharply by 400 points on Wednesday as rising oil prices and climbing Treasury yields delivered a double blow to equities. After months of record-breaking gains, Wall Street finally pulled back, with escalating Middle East tensions further fueling risk-off sentiment among investors. Wall Street’s relentless bull run finally hit a wall of reality this week. The Dow Jones Industrial Average tumbled more than 400 points by Wednesday’s close, while the S&P 500 and the Nasdaq Composite posted synchronized declines. The catalyst for this sell-off lies in the sharp rebound in crude oil prices combined with a steady climb in long-term Treasury yields, both of which reignited fears of resurgent inflation and a potential economic slowdown. ...