Non-farm payroll data was weak, interest rate hike expectations cooled, U.S. stocks opened broadly higher but tech stocks showed clear divergence, with Meta pulling back and Tesla up slightly; the market is repricing the inflection point of liquidity.

META-0.02%
TSLA-2.95%
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CoinWorld news: U.S. stocks opened, with the Dow Jones up 0.6%, the S&P 500 up 0.3%, and the Nasdaq up 0.1%. Weak June nonfarm payroll data in the U.S. reduced expectations for a Federal Reserve rate hike. Intel (INTC.O) fell 0.9%, while Micron Technology (MU.O) fell 0.3%. After Tesla (TSLA.O) released its Q2 delivery data, it rose 0.4%. Alphabet (GOOGL.O) fell 0.2%, as the European Union court upheld a €4.1 billion antitrust fine against Google. Meta Platforms (META.O) fell 1.4%, after closing up more than 8% yesterday.
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