The Labor Department’s employment report has consistently topped expectations in recent months. Other gauges this week have suggested the job market remains strong.
Many investors believe labor-market tightness will pressure wages and force the Fed to resume policy tightening later in the summer.Futures for the Dow and S&P 500 futures both rose 0.5%, asdid contracts tied to the tech-heavy Nasdaq-100.Employers are expected to have added 190,000 jobs, downThe yield on the 10-year note was recently at 3.615%, compared with 3.607% Thursday.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: Investingcom - 🏆 450. / 53 Read more »
Stock market news today: Traders await jobs data, debt ceiling movesUS stocks jump as markets brace for May jobs report and debt ceiling bill nears finish line
Source: BusinessInsider - 🏆 729. / 51 Read more »
Source: MarketWatch - 🏆 3. / 97 Read more »