Saturday, June 7, 2025

Dow opens flat after 4 straight gains as weak jobs data weighs on sentiment

Date:

US Stock Market LIVE Updates: Futures on Wall Street are pointing towards another positive start for the benchmark indices after the job openings data surprised on the positive side on Tuesday, leading to the indices ending at the day’s high. The Dow futures are currently up 75 points, while the S&P 500 and Nasdaq futures are up 10 points and 25 points respectively.US Stock Market LIVE Updates: Futures on Wall Street are pointing towards another positive start for the benchmark indices after the job openings data surprised on the positive side on Tuesday, leading to the indices ending at the day’s high. The Dow futures are currently up 75 points, while the S&P 500 and Nasdaq futures are up 10 points and 25 points respectively. This is despite US President Donald Trump posting on Truth Social that Chinese President Xi Jinping is very hard to make a deal with and China considering placing a large order with Airbus instead of Boeing. The optimism over future trade deals has taken the MSCI All-Country World Index to a record high earlier today. Later this evening, Wall Street will also be reacting to the private payrolls data from ADP, before the non-farm payrolls data on Friday. The surprise in the job openings data also triggered a rebound in the US Dollar, Brent Crude remains above $65 per barrel, while Gold prices too remain near $3,400 an ounce. Asian Markets ended the day on a positive note, while European markets are also higher despite tariffs on Aluminium and Steel being hiked to 50%. Watch this space for all the live updates.

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