US stock investors are set to closely monitor this week's employment data for fresh clues on the strength of the economy and the likely path of interest rates, with the outcome expected to influence market sentiment already unsettled by sharp swings in technology stocks.
Wall Street's major indexes are on track to end the first half of 2026 with healthy gains, led by the benchmark S&P 500, which has risen more than 7% so far this year. However, market momentum has weakened in June as investors reassess lofty valuations in technology stocks, particularly semiconductor companies that have been at the forefront of the artificial intelligence-driven rally.
