GLOBAL MARKETS-Dollar slides after jobs data, chipmakers weigh on stocks
• Global stock markets remained largely flat on Thursday, July 2, as losses in the semiconductor sector were balanced by optimism regarding the U.S. Federal Reserve's future interest rate path. • The U.S. dollar declined following the release of new jobs data, reflecting shifting investor expectations about potential rate hikes. • In South Korea, the KOSPI index plummeted nearly 8% overnight due to concerns over excess AI capacity sparked by Meta Platforms' plan to sell computing power.
lse.co.uk

