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Stocks Waver in Jobs Run-Up as Bonds Join UK Rout: Markets Wrap

Markets

Rita Nazareth

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July 1, 2025

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Bloomberg

Wall Street traders gearing up for Thursday’s jobs report sent stocks wavering as an unexpected decline in private payrolls renewed concern about a slowdown in the labor market. Treasuries briefly pared losses, but ended up joining a selloff in global bonds amid a UK rout.

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