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Stock market news today June 4, 2020

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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