By Joe Wallace
The labor market grew at a slower-than-expected pace last month, sending stock futures higher and Treasury yields lower.
The U.S. added 57,000 jobs in June, down from the previous month and roughly half the 115,000 jobs that economists expected to see added.
U.S. stock futures jumped after the release, having flitted between small gains and losses earlier.
Stock markets in Seoul and Tokyo took a beating today. Kioxia, which has gone from little-known memory-chip maker to Japan's highest-valued company, tumbled 13%.
Oil prices, meanwhile, are extending their decline. Brent crude futures haven't been this cheap since the week before the U.S. attacked Iran.
In recent trading:
The yen strengthened against the dollar. Traders are on alert for possible intervention by Japanese authorities to support the currency, which fell to 40-year lows this week.
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