US Equity Markets Higher After US Adds More Jobs Than Expected in June

01:38 PM EDT, 07/03/2025 (MT Newswires) -- US benchmark equity indexes ended higher Thursday after the US added more jobs than expected in June.

* The government's June employment report showed nonfarm payrolls rose by 147,000, topping the 106,000 increase expected in a Bloomberg survey. The unemployment rate fell to 4.1% in June from 4.2% in May, beating forecasts for a rise to 4.3%.

* The jobs report lifted Treasury yields and reduced bets on an imminent Federal Reserve rate cut.

* August West Texas Intermediate crude oil was down $0.58 to settle at $66.87 per barrel, while August Brent crude, the global benchmark, was last seen up $0.49 to $68.62.

* Cadence Design Systems (CDNS) shares rose 5.1%, and Synopsys (SNPS) gained 4.9% after the companies said the US lifted export restrictions on electronic design automation software to China.

* EQT (EQT) shares declined 1.3% despite price target increases from Wells Fargo and Tudor Pickering Holt.

Price: 326.81, Change: +15.86, Percent Change: +5.10

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