Stocks Face Mixed Start to June with Key Jobs Report Ahead

24.06.03 News

Stocks ended May on a mixed note as investor enthusiasm for AI cooled and concerns about the Federal Reserve’s interest rate policies persisted. Over the past week, the Nasdaq was flat, the S&P 500 rose slightly, and the Dow declined. This week, market attention will focus on labor market updates, including the May jobs report and data on job openings and wage growth. Reports on services and manufacturing activity are also expected. In corporate news, earnings reports from CrowdStrike, Lululemon, and Dollar Tree will be notable highlights.

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