The latest perspective on the bond market from the Schwab Center for Financial Research, including a deep-dive on corporate and municipal bond markets.
The S&P 500 and Nasdaq Composite closed at fresh all-time highs, driven by bullish momentum, a better-than-expected monthly jobs report and a trade agreement between the U.S. and Vietnam.
Today's payrolls report dominates the scenery, with unemployment seen at 4.2%. Weak jobs growth might raise rate cut hopes but chances of one before fall remain relatively low.
Less than two months ago, trading began for Ripple futures on the Chicago Mercantile Exchange for the fourth largest cryptocurrency by market cap according to CoinMarketCap.com.
Stocks fell as ADP jobs slid by 33,000. Investors shed tech and mega-cap shares Tuesday. Nonfarm payrolls loom Thursday as the House prepares to vote and a tariff deadline nears.
Investors await jobs growth and layoff data along with tomorrow's key nonfarm payrolls report. The House takes up the budget after Senate passage, while the tariff deadline nears.
Job openings kick off a host of labor-related data, and Powell speaks on a panel this morning. Budget and trade chatter are also top of mind as markets keep setting highs.
Jobs data dominate a holiday-shortened week, highlighted by Thursday's June payrolls. Stocks hit new record highs Friday despite trade tension with Canada. Powell talks tomorrow.
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