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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 10:00:15

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:0.67

Mixed markets react to US jobs data amid economy worries. Wall Street expected to have a 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, but attention on weakening consumer spending and decline in manufacturing. US Treasury yields retreat, OPEC+ extends oil output cuts. US stocks gain on Monday, investors await economic data including May jobs report. 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. US stocks slump lower on Tuesday, concerns about strength in economy. Job openings data and May payroll numbers to be released later in the week. Markets mixed as US jobs data tempered by concerns about economy. Equities mixed as optimism for Fed rate cut offset by worries about US economy....

#newstr #UsJobsData #UsEconomy #FederalReserve #InterestRates #Equities #JobVacancies #NonfarmPayrolls #WallStreet #Asia #CrudePrices #Opec+

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