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Dow Jones Hits Record High as Weak Payrolls Reshape Fed Rate Outlook
NEWSJUL 3, 2026
Dow Jones Hits Record High as Weak Payrolls Reshape Fed Rate Outlook
The Dow Jones pushed to an all-time high as a weak payrolls reading and downward revisions reinforced the view that the labor market has cooled. Investors rotated away from technology and into cyclical sectors while watching CPI and PPI as the next decisive tests for Fed policy expectations.