WSJ Special Access gives you a front row seat to some of the Wall Street Journal's most exciting content,

including exclusive live events and interviews with top executives and newsmakers,

only for subscribers and only on Spotify.

The latest jobs data sends the Dow falling and bond yields climbing,

and how US universities are reworking their admissions and scholarship programs

after last week's Supreme Court decision on affirmative action.

Plus, part three of our series on OZEMPIC, WIGOVY, and Moundjaro.

The big changes those drugs are making to how we think about weight loss.

Now, more physicians are sort of opening their eyes to being, oh, oh, this is something I do have

options to actually treat instead of thinking it's this hopeless, you know, why bother?

It's Thursday, July 6th. I'm Ann Marie for Toley for the Wall Street Journal.

This is the PM edition of What's News, the top headlines and business stories that moved the world today.

The major US stock indexes closed lower today with the Dow falling more than

360 points or just over 1%. Treasury yields reached their highest level since March,

with the two-year yield rising above 5% and the 10-year topping 4%.

The market moves came after the latest jobs data from ADP showed that the private sector

added more jobs in June than expected. Investors will be watching June's jobs report from the

Labor Department due tomorrow, even more carefully than normal, with concerns that the federal reserve

will need to keep rates higher for longer. Universities across the country are figuring out how to

rework their admissions practices after the Supreme Court struck down affirmative action

in college admissions last week. Universities in at least two states say they will no longer

take race into account in awarding scholarships, even though the Supreme Court decision did not

...