Latest News

Economic Report: U.S. adds 390,000 jobs in May and shows economy is still at cruising speed


The U.S. is forecast to add 328,000 new jobs in May, down from 428,000 in the prior month, according to economists polled by The Wall Street Journal. The unemployment rate is expected to slip to 3.5% from 3.6%. Wages are forecast to rise 0.4% and put the increase over the past 12 months at 5.2% vs. 5.4% in April. 

The report will be released at 8:30 a.m. Eastern by the Bureau of Labor Statistics. 

In premarket trades, the Dow Jones Industrial Average

and S&P 500

X ahead of the report.

Turning Point Stock Doubles After Bristol Myers Announces Takeover. It’s the 7th Biotech Deal This Year.

Previous article

Market Extra: Why stocks’ bounce feels more like ‘a typical bear-market rally than the start of something new and prosperous’

Next article

You may also like


Leave a reply

Your email address will not be published.

More in Latest News