U.S. JUNE AVERAGE WORK WEEK 34.3 HOURS (VS 34.3 HOURS EXPECTED)
U.S. JUNE AVERAGE WORK WEEK 34.3 HOURS (VS 34.3 HOURS EXPECTED)
U.S. JUNE MANUFACTURING PAYROLLS +3K M/M (VS +3K EXPECTED)
U.S. JUNE MANUFACTURING PAYROLLS +3K M/M (VS +3K EXPECTED)
U.S. JUNE NONFARM PAYROLLS +57K M/M (VS +114K EXPECTED)
U.S. JUNE NONFARM PAYROLLS +57K M/M (VS +114K EXPECTED)
U.S. JUNE PARTICIPATION RATE 61.5% (VS 61.8% EXPECTED)
U.S. JUNE PARTICIPATION RATE 61.5% (VS 61.8% EXPECTED)
U.S. JUNE PRIVATE PAYROLLS +49K M/M (VS +123K EXPECTED)
U.S. JUNE PRIVATE PAYROLLS +49K M/M (VS +123K EXPECTED)
U.S. JUNE UNEMPLOYMENT RATE 4.2% (VS 4.3% EXPECTED)
U.S. JUNE UNEMPLOYMENT RATE 4.2% (VS 4.3% EXPECTED)
US INITIAL CLAIMS FOR JOBLESS BENEFITS: 215,000, -1,000
US INITIAL CLAIMS FOR JOBLESS BENEFITS: 215,000, -1,000
Churning chips
By Mike DolanWhat matters in U.S. and global markets todayBy Mike Dolan, Editor-at-Large, Finance and MarketsThe U.S. jobs report will clearly dominate the day ahead for markets, but there's been a hefty pullback in red-hot chip stocks around the world as the second half of the year gets underway.G…
Global AI Selloff Extends as Traders Ready for Jobs Day
By Dow Jones Newswires StaffU.S. stock futures were lower in early European trade as AI-related stocks fell across the globe ahead of Thursday's crucial jobs data.Kevin Warsh kept mum on the Federal Reserve's rate-setting path when speaking in Portugal Wednesday. In the absence of forward guidance…
Shares pull back as markets await likely payrolls beat
SHARES PULL BACK AS MARKETS AWAIT LIKELY PAYROLLS BEATGlobal shares are pulling back after a bumper quarter. Quarter-end rebalancing was partly to blame but there are also bubbling concerns about how long the AI party will go on. News that Meta plans to sell excess AI compute does make one wonder i…
Shares pull back as markets await likely payrolls beat
A look at the day ahead in European and global markets from Stella QiuGlobal shares are pulling back after a bumper quarter. Quarter-end rebalancing was partly to blame but there are also bubbling concerns about how long the AI party will go on. News that Meta plans to sell excess AI compute does m…
THURSDAY WHITE HOUSE SCHEDULE - Subject to additions during the day
DAILY GUIDANCE AND PRESS SCHEDULE FORTHURSDAY, JULY 2, 2026In-Town PoolTV Corr & Crew: CBSSecondary TV Corr: FOX BusinessPhotos: AP, AFP, NYT, Reuters, GettyPrint: Daily CallerSecondary Print: LA TimesRadio: APNew Media: NTDEDT:9:00 AM In-Town Pool Call Time8:00 AM THE PRESIDENT participates in Exe…
Wall Street Unable To Hold Midday Gains
WASHINGTON (dpa-AFX) - The major U.S. averages were higher for much of Wednesday's trade but a late slump saw them finish under water.The Dow dipped 13.96 points or 0.03 percent to finish at 52,305.24, coming off a record closing high. The NASDAQ sank 173.69 points or 0.66 percent to close at 26.04…
S&P 500, Nasdaq End Lower As Investors Continue Rotation Out Of Tech And Chipmakers — WMT, META, GM, KR, QCOM In Focus
The S&P 500 and Nasdaq ended lower on Wednesday as investors rotated out of technology and chipmaker stocks in favor of more economically-sensitive stocks, while the Dow Jones ended flat.The S&P 500 fell 0.2%, while the Nasdaq 100 eased 1.5% and the Dow Jones Industrial Average ended flat. The Russ…
Wall Street ends choppy session lower as tech shares drop
By Caroline Valetkevitch and Niket NishantU.S. stocks finished slightly lower on Wednesday as technology shares fell, but gains in Meta Platforms limited the decline in the S&P 500 and Nasdaq.Chipmakers were among the biggest drags on the S&P 500 and Nasdaq, with an index of semiconductors NASDAQ:S…
Stocks flat as traders digest Fed comments, oil falls
By Rodrigo Campos and Danilo MasoniA gauge of stock markets around the world edged lower to start the quarter on Wednesday as the U.S. central bank head said inflation expectations have fallen but policy won't be loose, while oil prices fell as optimism over U.S.-Iran talks eased supply concerns.Tr…
Bridgewater's flagship macro fund gains 8.1% in first half amid market volatility, sources say
By Anirban SenBridgewater Associates' flagship Pure Alpha macro fund posted a gain of 8.1% after braving a volatile market backdrop during the first half of the year, people familiar with the matter said on Wednesday.Top hedge funds have grappled with turbulence in financial markets this year on th…
U.S. Stocks Edge Lower as Warsh Dodges Questions on Rates — Update
By Anvee BhutaniU.S. stocks were modestly lower Wednesday as investors parsed comments from Federal Reserve Chairman Kevin Warsh for clues about the path of interest rates.The Dow Jones Industrial Average fell 13.96 points, or 0.03%, to 52305.24. The S&P 500 slipped 16.13 points, or 0.22%, to 7483…
Investors rotate into banks, software as chip stocks take a breather
INVESTORS ROTATE INTO BANKS, SOFTWARE AS CHIP STOCKS TAKE A BREATHERThe main U.S. indexes ended modestly red in choppy trading on Wednesday as investors parsed Federal Reserve Chair Kevin Warsh's comments that inflation risks had eased.Warsh also said he will stick firmly to the U.S. central bank's…
U.S. Stocks Edge Lower as Warsh Dodges Questions on Rates
By Anvee BhutaniU.S. stocks were modestly lower Wednesday as investors parsed comments from Federal Reserve Chairman Kevin Warsh for clues about the path of interest rates.The Dow Jones Industrial Average fell 13.96 points, or 0.03%, to 52305.24. The S&P 500 slipped 16.13 points, or 0.22%, to 7483…