(Changes headline, updates market activity) By David Randall NEW YORK, July 5 (Reuters) - Benchmark 10-year Treasury yields slid on Friday following closely-watched jobs data that appeared to show the U.S. labor market weakening, strengthening market expectations that the Federal Reserve will begin to cut interest rates in September. Non-farm payrolls grew by 206,000 jobs in June, slightly higher than...

01:35 PM EDT, 07/05/2024 (MT Newswires) -- Tech stocks were higher Friday afternoon, with the Technology Select Sector SPDR Fund (XLK) and the SPDR S&P Semiconductor ETF (XSD) each rising 0.6%. The Philadelphia Semiconductor index added 0.5%. In corporate news, Nvidia ( NVDA ) faces a huge bottleneck in its artificial intelligence chips, and regulators are still deciding on any...

02:04 PM EDT, 07/05/2024 (MT Newswires) -- Health care stocks were rising Friday afternoon, with the NYSE Health Care Index adding 0.5% and the Health Care Select Sector SPDR Fund (XLV) up 0.4%. The iShares Biotechnology ETF (IBB) gained 0.4%. In corporate news, Enhabit's ( EHAB ) board faces a proxy fight from shareholder Arex Capital Management, which said in...

02:00 PM EDT, 07/05/2024 (MT Newswires) -- (Updates prices.) Gold prices rose midafternoon on Friday as U.S. hiring slowed sharply in June, supporting expectations the Federal Reserve could move to lower interest rates as soon as September. Gold for August delivery was last seen up US$28.40 to US$2,397.80 per ounce. The Bureau of Labor Statistics reported U.S. non-farm payroll employment...