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Tech Stocks Fall Ahead of US Payrolls; Apple, OpenAI Bid with Government | Bloomberg Brief 7/2/2026

Tech Stocks Fall Ahead of US Payrolls; Apple, OpenAI Bid with Government | Bloomberg Brief 7/2/2026
Bloomberg Markets Thursday 02 July 2026, 11:17 UTC 1 min read
Key Points

Jul 2nd, 2026 Tech Stocks Fall Ahead of US Payrolls; Apple, OpenAI Bid with Government | Bloomberg Brief 7/2/2026 Technology stocks fall ahead of the US June payrolls report. The yen strengthens sharply against the dollar as traders stay alert for a potential intervention from the Japanese government. Apple is said to have appealed to the Trump administration in an effort to buy Chinese-made memory chips from firms on Pentagon's blacklist.

Jul 2nd, 2026 Tech Stocks Fall Ahead of US Payrolls; Apple, OpenAI Bid with Government | Bloomberg Brief 7/2/2026 Technology stocks fall ahead of the US June payrolls report. The yen strengthens sharply against the dollar as traders stay alert for a potential intervention from the Japanese government. Apple is said to have appealed to the Trump administration in an effort to buy Chinese-made memory chips from firms on Pentagon's blacklist. OpenAI is reportedly having discussions about giving the US government a 5% stake in the company. Veronica Clark of Citi looks ahead to the June jobs report. [Image text:] Bloomberg Brief
US (LOCATION) Apple (ORG) 7/2/2026 Technology (ORG) Japanese (ORG) Trump (ORG) Chinese (ORG) Pentagon (ORG) Veronica Clark (PERSON) Citi (ORG)
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