China’s A-shares and Hong Kong stocks staged a sharp rebound on Friday after the latest U.S. nonfarm payrolls report came in weak. The data fueled expectations that the Federal Reserve will keep monetary policy accommodative, improving liquidity and risk appetite. Chip-related shares in China were highlighted as a key driver of the A-share rebound, according to the summary.

India’s Nifty IT index rose nearly 2% on July 3, taking its two-day rebound to more than 6%. The move followed weaker-than-expected US jobs data and downward revisions to the prior two months, which cooled expectations for a near-term Federal Reserve rate hike and lifted risk appetite. Infosys climbed more than 5%, while HCLTech, TCS and Tech Mahindra advanced 2.5% to 4%. The index had previously fallen 6.5% over four straight sessions.

The article says Brent crude futures have retreated from a May peak of $126 a barrel to just above $70, close to pre-war levels. It adds that global inventories still need replenishing, some war-damaged production remains short of full capacity, and risks are building. OPEC+ is scheduled to meet on Sunday, which could offer fresh clues on supply policy, but the outcome has not yet been announced.

Robinhood (HOOD) gains 3.76% to close at $26.46 on July 2, 2026, as multi-asset retail brokerage activity and expanding clearing services boost quarterly growth expectations.

Apple (AAPL) surges 4.84% to close at $308.63 on July 2, 2026, unlocking powerful technical breakout velocity as third-quarter institutional buying intensifies.

Eli Lilly (LLYON) ticks up 1.86% to finish at $1,213.91 on July 2, 2026, finding strong defensive support as institutional accounts favor high-margin healthcare infrastructure.

SpaceX (SPCX) climbed 2.83% to close at $162.00 on July 2, 2026, stabilizing within its newly formed public trading bracket following its historic June debut.

A softer U.S. nonfarm jobs report cooled market expectations for a Federal Reserve rate increase in September, with the implied probability falling from 55% to 35%. The dollar index is set for its steepest weekly decline in 12 weeks. The yen rebounded sharply and the euro rose to a near two-week high, while sterling also strengthened. Japan’s finance ministry warned it could intervene in currency markets, keeping traders focused on exchange-rate volatility risks.