1. Jobs report: On Friday, the U.S. Labor Department will reveal how many jobs were added to the workforce in June. It will also provide an update on the unemployment rate. The U.S. unemployment rate fell to 4.3% in May, the lowest level since 2001. The reason for that drop: More Americans stopped looking for work. That's not a great sign. Economists were disappointed, saying the job market had lost momentum.
|
|
Where U.S. stocks are now | | Dow | | Nasdaq | | S&P | | | | | | YTD +8.03% | | YTD +14.07% | | YTD +8.24% | | | |
|
Key Stats | Latest | Today's Change | | Oil | $46.33 | +1.46 / +3.25% | | Gold | $1,241.40 | -4.20 / -0.34% | | 10-yr | 2.30% | +0.03 / +1.54% | | Euro | $1.14 | -0.00 / -0.13% | | | |
|
|
|
News: What you need to know about the markets | | | | Jobs! Jobs! Jobs!; The G20 meeting kicks off; The Fed gives an update | By Shen Lu Sunday, July 2nd, 8:15am | | 1. Jobs report: On Friday, the U.S. Labor Department will reveal how many jobs were added to the workforce in June. It will also provide an update on the unemployment rate. | | The U.S. unemployment rate fell to 4.3% in May, the lowest level since 2001. The reason for that drop: More Americans stopped looking for work. That's not a great sign. Economists were disappointed, saying the job market had lost momentum. | | 2. G20 summit: President Donald Trump will meet with Russian President Vladimir Putin at the G20 summit in Hamburg, Germany. The meeting is a gathering of world leaders from 20 major economies. | | The summit starts on Friday and continues Saturday. Trump will also meet with other world leaders, including Theresa May, Angela Merkel and Xi Jinping. Trump's stances on trade and climate change could make the summit divisive. | | 3. Fed minutes: The Federal Reserve is scheduled to release minutes from its June meeting on Wednesday. The Fed raised short-term interest rates last month. | | Investors believe that the Fed won't immediately boost rates again. Most Fed officials expect at least one more rate hike by the end of 2017. The minutes from last meeting may offer clues of when the next move will be.. | | | | | | |
| | | Monday -- U.S. stock markets close early; June auto sales. | | Tuesday -- Happy Independence Day! U.S. stock markets are closed. | | Wednesday -- The Federal Reserve's meeting minutes. | | Friday -- Jobs report; G20 Summit. | | | | | | |
|
Hi, let us know what you think of this newsletter! | | Tell us what you want to read more of... and less of. Email your tips and feedback to BeforeTheBellFeedback@cnn.com | | |
|
|
|
| Tips, thoughts or questions are always welcome at BeforeTheBellFeedback@cnn.com. | | ® © 2017 Cable News Network Inc. A Time Warner Company. All Rights Reserved. You are receiving this message because you subscribed to CNNMoney's "Before The Bell" newsletter.
Our Mailing address is: Cable News Network, Inc. Attention: Privacy Policy Coordinator One CNN Center, 13 North Atlanta, GA 30303 | | | |
No comments:
Post a Comment