US added 172,000 jobs in May as unemployment held at 4.3%
Why it matters: stronger hiring and upward revisions for March and April reduce pressure on the Fed to cut rates soon.
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Why it matters: stronger hiring and upward revisions for March and April reduce pressure on the Fed to cut rates soon.
Why it matters: A 5% Nasdaq 100 drop and Bitcoin falling below $60,000 could drain retail cash from what may be a record IPO.
Why it matters: firmer hiring lifted expectations for tighter Fed policy, while the Dow Jones Industrial Average still edged up 0.09%.
Why it matters: The won and rupiah led regional losses as officials in South Korea, Indonesia, Japan, India and the Philippines stepped up defenses.
Why it matters: A weak reading could sharpen bets on Fed rate cuts as economists see unemployment holding at 4.3%.