US Average Weekly Hours (Apr) 34.3 (Prev. 34.2)
The slight increase in average weekly hours worked in April may indicate a gradual improvement in labor market conditions, albeit marginally.
Iranian Revolutionary Leaders says that Iran will secure the region of the Persian Gulf, RNA reports
US PRE-MARKET MOVERS: CRWV, AKAM, MCHP, IREN, COIN, NKE
US Average Weekly Hours (Apr) 34.3 (Prev. 34.2)
US Secretary of State Rubio says Thursday strikes were separate from Operation Epic Fury; if missiles are fired at the US, we're going to respond
USTR Greer says goal with China is stability; China should be important buyer of US ag and medical device
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While this data point alone is not a strong signal for policy adjustments, it might suggest stable economic activity which could contribute to the overall growth picture. Traders should watch for any broader trends in labor statistics that might influence inflation expectations or Federal Reserve policy moving forward.
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