Labor market cools in June, Meta rises on Threads growth: Yahoo Finance

In this article:

The major indexes (^DJI,^GSPC, ^IXIC) remain relatively flat after the 4th of July holiday and the release of June's jobs data. Nonfarm payrolls rose above expectations as the US Bureau of Labor Statistics reported 206,000 new jobs added compared to economist estimates of 190,000. Meanwhile, the tech sector is seeing mixed moves as shares of Meta Platforms (META) rise on the growth of the platform Threads and shares of Nvidia (NVDA) dip after being downgraded to Neutral by New Street Research.

Other Yahoo Finance trending tickers include Advanced Micro Devices (AMD), Apple (AAPL), and Palantir Technologies (PLTR).

Key guests include:
3:00 p.m. ET - Gus Faucher, PNC Financial Services Group Chief Economist
3:30 p.m. ET - Tom Sosnoff, Tastylive CEO
4:00 p.m. ET - Cayla Seder, State Street Global Markets Macro Multi-Asset Strategist
4:20 p.m. ET - Paul Dergarabedian, Comscore Sr. Media Analyst

Advertisement