Previous Close | 5.81 |
Open | 6.75 |
Bid | 5.06 |
Ask | 5.20 |
Strike | 365.00 |
Expire Date | 2026-01-16 |
Day's Range | 5.81 - 6.75 |
Contract Range | N/A |
Volume | |
Open Interest | 33 |
The June jobs report comes as the latest stock market rally took a breather to end May.
(Bloomberg) -- Bears have sounded like a broken record for months now: The 60/40 investment industry remains at the mercy of monetary angst and fiscal largesse.Most Read from BloombergHomebuyers Are Starting to Revolt Over Steep Prices Across USModi Set for Landslide Election Win in India, Exit Polls ShowWall Street Billionaires Are Rushing to Back Trump, Verdict Be DamnedSaudi Arabia Puts Wall Street on Notice to Set Up Shop in RiyadhChinese Spacecraft Makes Historic Landing on Far Side of Moon
Raphael Bostic, the Atlanta Federal Reserve President, said Thursday that U.S. central bankers are unlikely to cut interest rates in July, citing slowed progress on inflation. “I'm keeping my eyes on the short-run trajectory, and if we can continue to see that trajectory move forward, I think we will be in a good place,” Bostic told Fox Business when asked if the Fed might ease rates in July. The Atlanta Fed President stressed the need for economic data showing the economy is "sufficiently strong" and inflation has moved closer to the Fed's 2% target before supporting any rate reductions.