Global markets weekly update

U.S. stock markets declined for the week as technology stocks led losses, though the strong May jobs report showing 172,000 new positions added boosted Treasury yields and raised concerns about persistent inflation. Across global markets, European equities struggled amid tariff announcements, Japanese stocks remained cautious despite wage growth, and Chinese equities fell on uneven economic recovery signals. AI commercialization efforts provided some optimism in the technology sector amid the broader market decline.