Soft Jobs Report Splits Stock Markets

Nasdaq drops as Dow climbs to record high. Rivian jumps while Tesla slumps. U.S. markets will be closed on Friday for Independence Day. Alexis Moore hosts. Sign up for WSJ’s free What’s News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor. Learn more about your ad choices. Visit megaphone.fm/adchoices