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Wall Street Opens Lower and Bond Yields Sink Following Weak Hiring Numbers and New Tariffs

NEW YORK, UNITED STATES, JUL 31 – New U.S. tariffs raised costs by up to $1.1 billion for Apple and Amazon shares dropped 7.6%, while investors awaited July jobs data to assess Federal Reserve policy.

  • On Friday, Wall Street futures declined, weighed by new U.S. duties on trading partners as investors awaited a key jobs report to gauge the Federal Reserve.
  • China faces an August 12 deadline to reach a durable tariff agreement after preliminary deals in May and June, amid trade tensions.
  • The CBOE Volatility index jumped to a more than two-week high of 18.40 points while Amazon slid 7.6% in premarket trading.
  • Despite a 110,000 rise in July payrolls and a jobless rate increase to 4.2%, investors ramped up bets on a September rate cut.
  • Amid mixed signals, Microsoft briefly topped $4 trillion in market value, becoming only the second company after Nvidia, and Apple warned U.S. duties would add $1.1 billion this quarter.
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Wall Street opens lower and bond yields sink following weak hiring numbers and new tariffs

NEW YORK (AP) — Stocks are opening lower on Wall Street and Treasury yields are falling sharply after the government reported a sharp slowdown in hiring last month. Markets are also reacting early Friday to the latest tariff news. The S&P 500 fell 1% in the first few minutes of trading. The Dow Jones Industrial Average sank 383 points, or 0.8%. The Nasdaq composite was down 1.4%. The suprisingly weak hiring numbers led investors to step up their…

·Lowell, United States
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La Presse broke the news in Montreal, Canada on Thursday, July 31, 2025.
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