US jobs report; Beyond Meat surge; Stock market relief

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Today’s top business headlines with ChristineRomans before the opening bell on Wall Street:

The latest jobs report, which will be published at 8:30 a.m. ET, is expected to show that US payroll growth decelerated to 185,000 jobs in May, according to a Refinitiv survey of economists. That would mark a slowdown from April's surge of 263,000.However, adding that many jobs would still represent very healthy growth, especially given that unemployment is sitting at a 49-year low of 3.6%. Wages gains are expected to be flat, at about 3.2% over the previous year.

Beyond Meat, which makes plant-based protein, has generated significant hype in recent weeks on the back of its successful public offering. If shares jump as much as expected when US markets open, its stock would be at nearly five times its IPO price of $25 per share.Before the Bell newsletter: Key market news. In your inbox. Subscribe now!3. Market relief: US stock futures point to another day of gains on optimism that central banks are preparing for more easing.

 

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