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Daily OpenCNBC Daily Open: Wall Street disregards job losses to focus on cheaper shoes from VietnamPublished Wed, Jul 2 20259:08 PM EDTUpdated Thu, Jul 3 20251:26 AM EDTYeo Boon PingWATCH LIVEKey PointsVietnam strikes trade deal with America.The S&P 500 rises to close at a fresh record.The U.S. lost private sector jobs in June. Tesla reports a fall in second-quarter deliveries.A weak jobs report could trigger a sell-off.In this article
If I had to choose between having a job and paying less for Nike shoes, you'd see me run barefoot to the office. Wednesday's market moves, however, suggested that Wall Street preferred the cheaper shoes.
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