{"id":81800,"date":"2026-07-02T17:00:53","date_gmt":"2026-07-02T07:00:53","guid":{"rendered":"https:\/\/www.icmarkets.com.au\/blog\/?p=81800"},"modified":"2026-07-02T17:00:53","modified_gmt":"2026-07-02T07:00:53","slug":"thursday-2nd-july-2026-u-s-futures-edge-higher-as-asia-markets-slip-investors-await-june-jobs-report","status":"publish","type":"post","link":"https:\/\/www.icmarkets.com.au\/blog\/thursday-2nd-july-2026-u-s-futures-edge-higher-as-asia-markets-slip-investors-await-june-jobs-report\/","title":{"rendered":"Thursday 2nd July 2026: U.S. Futures Edge Higher as Asia Markets Slip; Investors Await June Jobs Report"},"content":{"rendered":"\n<h3 class=\"wp-block-heading\"><br \/>Global Markets:<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\u00a0Asian Stock Markets : Nikkei down 1.56%, Shanghai Composite down 0.90% Hang Seng up 1.10% ASX down 0.05%<\/li>\n\n\n\n<li>Commodities : Gold at $4,080.90 (-0.06%) Silver at $60.715 (0.32%), Brent Oil at $70.79 (-1.08%), WTI Oil at $67.75 (-1.21%)<\/li>\n\n\n\n<li>Rates : US 10-year yield at 4.482, UK 10-year yield at 4.7640, Germany 10-year yield at 2.9236<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">News &amp; Data:<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>(USD) ISM Manufacturing PMI 53.3\u00a0 to 53.8\u00a0 expected<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Markets Update:<\/h3>\n\n\n\n<p>U.S. stock futures edged higher on Wednesday night, while most Asia-Pacific markets traded lower on Thursday, following weakness on Wall Street in the previous session. Dow Jones Industrial Average futures gained 19 points, or 0.04%, while S&amp;P 500 futures rose 0.16% and Nasdaq-100 futures advanced 0.42%.<\/p>\n\n\n\n<p>South Korea led regional declines, with the Kospi plunging 5.36% at the open, prompting the Korea Exchange to briefly halt trading for five minutes to curb volatility. The small-cap Kosdaq also fell 3.55%. Japan\u2019s Nikkei 225 slipped 0.70%, although the broader Topix index managed a modest 0.13% gain. Australia\u2019s S&amp;P\/ASX 200 declined 0.59%, while Hong Kong\u2019s Hang Seng Index climbed 1.27%. Mainland China\u2019s CSI 300, however, dropped more than 2%.<\/p>\n\n\n\n<p>Overnight, U.S. markets finished mixed after giving up early gains. The Dow erased a 423-point rally to close nearly flat, while the S&amp;P 500 and Nasdaq Composite fell 0.2% and 0.7%, respectively, as investors reduced exposure to semiconductor stocks. The VanEck Semiconductor ETF dropped 5.4%, with Micron Technology and Sandisk each tumbling more than 10%.<\/p>\n\n\n\n<p>Despite the sell-off, Ned Davis Research strategist Rob Anderson said sector rotation is a healthy sign for the ongoing bull market. Investors are now focused on the June U.S. jobs report, with economists expecting payrolls to increase by 115,000.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Upcoming Events:<br \/><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>12:30 PM GMT &#8211; USD Non-Farm Employment Change<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Global Markets: News &amp; Data: Markets Update: U.S. stock futures edged [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":79441,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[196,215,339],"tags":[],"class_list":["post-81800","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-fundamental-analysis","category-market-analysis","category-recent-posts"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/posts\/81800","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/comments?post=81800"}],"version-history":[{"count":1,"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/posts\/81800\/revisions"}],"predecessor-version":[{"id":81801,"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/posts\/81800\/revisions\/81801"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/media\/79441"}],"wp:attachment":[{"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/media?parent=81800"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/categories?post=81800"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/tags?post=81800"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}