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Stocks Pause As Traders Await Jobs Data, Nvidia Falls On Antitrust Investigation, Crude Rises To $75: What’s Driving Markets Thursday?

By Piero Cingari
June 6, 2:08 PM
Wall Street experienced a relatively quiet day on Thursday, with major indices trading within tight ranges as investors remain cautious ahead of the highly anticipated May jobs report, set for release Friday.

BTC

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3 minute read

US Stock Futures Tread Water As Indices Perch At Record Highs: Amid Nvidia Spike And ECB Rate-Cut Hopes, Analyst Sees More Volatility In Summer

By Shanthi Rexaline
June 6, 7:24 AM
Early indications from the futures market suggest caution after Wednesday’s exhilarating run. Earnings news continues to be positive, reinforcing the strength in corporate profit growth.

ABM

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2 minute read

Services Sector Activity Strongly Expands In May: ‘Notable Higher Business Activity, Faster New Orders Growth’

By Piero Cingari
June 5, 10:30 AM
The U.S. service sector sentiment expanded in May, reversing April's decline. The ISM reported strong growth in business activity and new orders. Employment is still a challenge. Stocks hold gains but bond yields rise.

DIA

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2 minute read

Stocks Dip Even With Traders Hopeful For September Rate Cut; Bonds Extend Rally, Oil Plummets: What’s Driving Markets Tuesday?

By Piero Cingari
June 4, 1:00 PM
Growth concerns dragged stocks lower on Tuesday, with all major indices trading in the red as investors took a cautious tone on riskier assets.

BBWI

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Bond Market Rallies As Recession Worries Mount, Rate Cut Bets Gain Steam Ahead Of Jobs Data

By Piero Cingari
June 4, 12:19 PM
Long-term U.S. Treasuries rally on soft economic data, leading to expectations of Fed rate cut in Sept. Popular TLT ETF breaks key downtrend & 50-day MA, while other bond ETFs see even higher gains.

TLT