The Story
News Summary
- May's non-farm payrolls surged by 172K, doubling expectations.
- While robust, the data pushes bond yields higher and diminishes hopes for near-term Fed rate cuts.
- Markets are reacting with caution, particularly in tech, as investors take profits and weigh the economic impact of sustained higher interest rates.
Explore US500 price history & advisor snapshot
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Stored market data
US500 price history
7656.98
+14.20% over the displayed period
Advisor Snapshot
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