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    Home » Stock Market Today: Good Feelings and Solid Data Lift Stocks
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    Stock Market Today: Good Feelings and Solid Data Lift Stocks

    agnel330By agnel330June 6, 2025No Comments5 Mins Read0 Views
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    Stock Market Today: Good Feelings and Solid Data Lift Stocks
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    Equity futures and US Treasury yields have increased on data coming up, showing the labor market, even the down-trending spirit is “flexible” among the survey results.

    Meanwhile, the de-eskalation report in a fight between President Donald Trump and an erstwhile advisor Elon Musk on Friday made an additional boost for bulls on jobs.

    They continue to change the May rally in June with fresh inflation figures on Wednesday, the initial consumer survey results next Friday to the dead and Federal Reserve on a quiet period before their upcoming policy meeting.

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    Stress Chairman and CEO of Tesla Maybe or not may be reduced – White House Would like to move forwardBut Trump, the fed chair continues to attack Jerome, from any “quiet period” “Its very late” Powell.

    “If the fed is too late, we will cut, we will reduce the interest rates a lot, long and short, on the loan, which is about to come,” the President posted about 20 minutes after the early bell of Friday.

    The yes of US Treasury was higher during maturity, up to 4.041% on 2.041% on Thursday, 10-year 4.395% to 4.506% and 30-year from 4.884% to 4.966%.

    By closing Bell, Blue-Chip Dow jones industrial average 42,762 was up 1.1%, comprehensive-based S&P 500 1.0% to 6,000, and Tech-Haavi added Nasdac Composite It was 1.2% up at 19,529.

    Doni vs Loni: Who wins?

    Tesla (TSLA) rebounded 3.7% on Friday after a 14.3% accident and the market capitalization recovered $ 152 billion $ 50 billion.

    In fact, Stock to buy for Trump Presidency The boards were across.

    And Trump Media and Technology Group (DJT) was up 3.9%.

    “The most colored story is a rift between President Trump and Elon Musk,” mousse Luis Navilier Nevelier and Associates, who remembers Tesla’s CEO’s visit to Fanboy as President “Big Beautiful Bill” Made its way through the House and Senate.

    And “the rhetoric between the two really became hot” as the TSLA stock fell from the Intrade High of $ 355 on Tuesday, which declined the $ 273 Intrade on Thursday.

    Other names in Trump Industrial Complex, such as AI Stock Palantir technologies (Pltr, +6.5%), increased to peace between Trump and Kasturi.

    According to Nevelier, beyond the fight between social media heavyweight with the implications coming in the market, “What people are seeing, to see if the S&P can shut above 6,000.”

    The index climbed to 6,016.87 within 15 minutes of Thursday’s early bell. “Clearly,” Navilier concluded, “the trend remains positive.”

    Take these jobs

    Bureau of Labor Statistics It was said that the non -parallel increased by 139,000 in May, beyond the consensus of 130,000. As expected, the unemployment rate stood at 4.2%.

    The BLS reported amended downwards of 95,000 jobs for the last two months, the March count from 185,000 to 120,000, and the April count was trimmed from 177,000 to 147,000.

    The average weekly hours were unchanged at 34.3, while an average per hour earnings increased from $ 36.09 in April to $ 36.24 in May. The average weekly income increased from $ 1,237.89 to $ 1,243.03 in May.

    Northlight Asset Management Chief Investment Officer says, “It is clear that the economy remains flexible, works well with the job market.” Chris zekereli,

    Zaccarelli says the fed “must be reluctant to cut rates as the full effects of the tariff have not yet affected the number of inflation and the job market is not deteriorating enough to force their hands.”

    Raymond James Chief Economist Youneo J. Alleman The report suggests that “the US labor market will please the market concerns” and that “even after those large below modifications, the job growth is healthy for now.”

    Echo zaccareli, Morgan Stanley Wealth Management Chief Economic Strategist Ellen zentner The conclusion that “Continuous labor market can help bypassing the flexibility economy Recession,

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