{"id":18319,"date":"2026-07-03T12:05:17","date_gmt":"2026-07-03T04:05:17","guid":{"rendered":"https:\/\/linkpgm.com\/july-3-market-recap\/"},"modified":"2026-07-03T12:06:23","modified_gmt":"2026-07-03T04:06:23","slug":"july-3-market-recap","status":"publish","type":"post","link":"https:\/\/www.pg-markets.com\/en\/july-3-market-recap\/","title":{"rendered":"July 3 Market Recap"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">On Thursday, the U.S. June nonfarm payrolls report showed that job growth fell far short of expectations, prompting the market to quickly adjust its expectations for Federal Reserve policy, with investors now betting that interest rate hikes will be delayed until the end of the year.The U.S. Dollar Index fell sharply after the data was released, dropping to a two-week low, and ultimately closed down 0.54% at 100.87; the benchmark 10-year U.S. Treasury yield closed at 4.490%, while the 2-year U.S. Treasury yield, which is sensitive to the Fed\u2019s policy rate, closed at 4.181%. <br\/>Spot gold surged sharply, touching $4,140 per ounce, and ultimately closed up 2.3% at $4,123.96 per ounce; spot silver closed up 3.14% at $60.97 per ounce. <br\/>Sources say the next round of U.S.-Iran negotiations will take place on July 18. It is reported that major European countries currently believe that the imposition of tolls in the Strait of Hormuz is now inevitable.WTI crude oil ultimately closed up 0.58% at $68.42 per barrel; Brent crude oil ultimately closed up 0.57% at $71.84 per barrel. <br\/>The Dow Jones Industrial Average closed up 1.1%, setting another record high. The S&amp;P 500 edged lower, while the Nasdaq fell 0.8%.Micron Technology (MU.O) fell 5.4%, SanDisk (SNDK.O) dropped 14%, Intel (INTC.O) fell 5%, and Seagate Technology (STX.O) and Western Digital (WDC.O) both fell by around 10%.Apple (AAPL.O) bucked the trend, rising 4.8%, while Meta (META.O) fell nearly 5%. The Nasdaq Golden Dragon China Index fell 1.77%, with Baidu (BIDU.O) and Xpeng Motors (XPEV.N) both down around 4%.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On Thursday, the U.S. June nonfarm payrolls report showed that job growth fell far short of expectations, prompting the market to quickly adjust its expectations for Federal Reserve policy, with investors now betting that interest rate hikes will be delayed until the end of the year.The U.S. Dollar Index fell sharply after the data was [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":18314,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[416],"tags":[],"class_list":["post-18319","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trading-news"],"_links":{"self":[{"href":"https:\/\/www.pg-markets.com\/en\/wp-json\/wp\/v2\/posts\/18319","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pg-markets.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pg-markets.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pg-markets.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pg-markets.com\/en\/wp-json\/wp\/v2\/comments?post=18319"}],"version-history":[{"count":1,"href":"https:\/\/www.pg-markets.com\/en\/wp-json\/wp\/v2\/posts\/18319\/revisions"}],"predecessor-version":[{"id":18320,"href":"https:\/\/www.pg-markets.com\/en\/wp-json\/wp\/v2\/posts\/18319\/revisions\/18320"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pg-markets.com\/en\/wp-json\/wp\/v2\/media\/18314"}],"wp:attachment":[{"href":"https:\/\/www.pg-markets.com\/en\/wp-json\/wp\/v2\/media?parent=18319"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pg-markets.com\/en\/wp-json\/wp\/v2\/categories?post=18319"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pg-markets.com\/en\/wp-json\/wp\/v2\/tags?post=18319"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}