Weak jobs data the big risk to surging equity markets

US labour market data will be closely watched this week, as a poor reading could disrupt the AI-powered surge in global equity markets.

Wall Street’s main indices have surged this year, trading at around all-time highs, as the huge amounts of capital that are being deployed to invest in AI

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Nicholas Pointon Mon, 01 Jun 2026

Contact the Writer: nicholas@nbr.co.nz

News tip? Question? Typo? Let us know: editor@nbr.co.nz

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