Stock market today: The S&P 500 holds near record as jobs data lands

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 23 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 63%

Unemployment Rate 뉴스

Nasdaq Composite,Labor Market,Federal Reserve

Investors are looking to the June jobs report for signs of more softening in the labor market that could lay the ground for rate cuts.

US stocks held near all-time highs on Friday as investors weighed the June jobs report, which will play into Federal Reserve rate cut calculations. The S&P 500 slipped just below the flatline, on heels of the report, after notching a record close in a shortened session on Wednesday. The Dow Jones Industrial Average fell 0.2%, while the tech-heavy Nasdaq Composite gained 0.3%. All three gauges were shuttered on Thursday for the Fourth of July holiday.

Traders are now pricing in a 75% chance of a cut in September, according to CME's FedWatch tool. The 10-year Treasury yield nudged lower to 4.31% during morning trading, continuing a slide for the week. Investors are puzzling over Friday's jobs data to decide whether slowing monthly job growth reflects a normalization in the labor market as it shakes off the pandemic, or marks the early signs of a broader economic slowdown.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 47. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Stock market today: S&P 500, Nasdaq hover near records as Nvidia becomes most valuable stockTechs are continuing to lead an AI-driven rally that investors simply can't afford to miss out on.
출처: YahooFinanceCA - 🏆 47. / 63 더 많은 것을 읽으십시오 »

Stock market today: S&P 500, Nasdaq slip from records as Nvidia dipsNvidia's record-breaking surge, which catapulted it to the title of world's most valuable public company, was set to continue.
출처: YahooFinanceCA - 🏆 47. / 63 더 많은 것을 읽으십시오 »

Stock market today: S&P 500 hovers near 5,500 level as Nvidia surge continuesNvidia's record-breaking surge, which catapulted it to the title of world's most valuable public company, was set to continue.
출처: YahooFinanceCA - 🏆 47. / 63 더 많은 것을 읽으십시오 »

Stock market today: S&P 500, Nasdaq jump as Nvidia surge continuesNvidia's record-breaking surge, which catapulted it to the title of world's most valuable public company, was set to continue.
출처: YahooFinanceCA - 🏆 47. / 63 더 많은 것을 읽으십시오 »

Stock market today: S&P 500, Nasdaq set to jump as Nvidia surge continuesNvidia's record-breaking surge, which catapulted it to the title of world's most valuable public company, was set to continue.
출처: YahooFinanceCA - 🏆 47. / 63 더 많은 것을 읽으십시오 »

Stock market today: S&P 500, Nasdaq hover near record highs after retail sales missTechs are continuing to lead an AI-driven rally that investors simply can't afford to miss out on.
출처: YahooFinanceCA - 🏆 47. / 63 더 많은 것을 읽으십시오 »