U.S. Stocks Open Higher as Crypto Shares Surge 5% on Weak Payroll Data
2026-07-02 21:32

Woofun AI data shows that U.S. equity markets opened broadly higher, with the Dow Jones Industrial Average rising 0.55%, the Nasdaq Composite gaining 0.05%, and the S&P 500 advancing 0.31%. June non-farm payroll figures fell significantly below market forecasts, diminishing expectations for interest rate increases and triggering rallies in spot gold and digital assets.

Gold mining stocks led the sector performance, with Harmony Gold climbing over 5%, Gold Fields rising more than 4%, and Kinross Gold increasing by over 3%. Cryptocurrency-related equities also posted gains, including a 5% rise for Strategy, a 3% increase for Coinbase, and a 2% jump for Circle.

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