Investors reacted to weak US jobs data, with private payroll growth at 150,000 in June, below forecasts. US ISM Services PMI dropped to 48.8 in June, impacting Treasury yields. Tech equities soared on Fed rate cut prospects and positive company performances.
Mike Hawes foresees declining electric vehicle prices with increased adoption, aligning with the trend of tech companies Tesla and Nvidia showing growth in the market.
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