Stock market news
The Initial Jobless Claims report today for the US economy:
Actual:
1,877K
Forecast:
1800K
Previous:
2123K
Source: Dailyfx.com
The actual number is worse than the forecast but still below the previous number. Yesterday “ADP’s report showed that the U.S. economy lost 2.76 million private payrolls in May, which was significantly fewer than estimates for 9 million job losses during the month.”
Source: https://finance.yahoo.com/news/coronavirus-covid-weekly-initial-jobless-claims-may-30-181528904.html
Tomorrow there is a very important announcement about the May jobs report and the unemployment rate for the US economy, which both can move the US stock market.
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