US jobs report; Beyond Meat surge; Stock market relief

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.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Beyond Meat stock soars after first earnings reportBeyond Meat could extend its rally, with shares of the maker of meat alternatives surging in after-hours trading Thursday after the company delivered an...
Source: MarketWatch - 🏆 3. / 97 Read more »

Stocks making the biggest moves after hours: Beyond Meat, Zoom Video, DocuSign and moreSee which stocks are posting big moves after the bell on Thursday, June 6.
Source: CNBC - 🏆 12. / 72 Read more »

Beyond Meat will report earnings after the bell for the first time since going publicBeyond Meat surged 160% in its first day trading on the public markets and has soared nearly 300% above its initial public offering price. Would be interested to talk to anyone holding through this one... $BYND $BYND buy the dip at $69.50
Source: CNBC - 🏆 12. / 72 Read more »