The June jobs report revealed a surprising increase of 147,000 nonfarm payroll jobs, defying expectations. Analysts suggest that while the headline looks strong, underlying data indicates a slow down in private sector hiring, masked by seasonal government job increases.
U.S. stock futures showed little change as traders prepare for a crucial jobs report. S&P 500 and Nasdaq reached record highs, but concerns grow after a decline in private sector hiring. Will tech stocks take a hit?