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European Stock Markets React to Rising Bond Yields, Geopolitical Tensions, and Anticipation of US GDP Figures /
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2024-06-05 09:01:01

European Stock Markets React to Rising Bond Yields, Geopolitical Tensions, and Anticipation of US GDP Figures on Nostr: Mixed Markets React to US Jobs Data Amid Economy Worries =============== #587d95f3 ...

Mixed Markets React to US Jobs Data Amid Economy Worries
===============
#587d95f3 ver:0.65

Mixed markets react to US jobs data amid economy worries. Wall Street expected to have positive start after Memorial Day break. Overseas stock markets subdued. Apple's shares rise 2% on strong iPhone sales in China. Key diary items for US markets include consumer confidence, manufacturing survey, and Treasury note sales. June kicks off with big election results in Mexico and India. European Parliament elections also due. Stocks rally on hopes of cooling economy and inflation, attention on weakening consumer spending and decline in manufacturing activity. US stocks gain on Monday as investors await economic data. Manufacturing data, job openings, initial claims, and May jobs report set to be released. Median forecast for jobs added in May is 178,000. Jobs report expected to impact stock market, strong report could lead to higher interest rates, weak report could raise concerns about economy. Analyst warns of market correction due to strong economic data and rising inflation. Investors advised to diversify portfolios. US stocks slump as early June data leaves investors uncertain about economy. Concerns about job data and labor market. Economists expect 178,000 added jobs in May. Mixed markets as US jobs data tempered by economy worries. #StockMarket #Economy #JobsData #Investing...

#newstr #UsJobsData #Economy #Markets #Mixed #Concerns

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