US Unemployment Rate (Apr) 4.3% vs. Exp. 4.3% (Prev. 4.3%)
The US unemployment rate for April came in at 4.3%, matching expectations and remaining unchanged from the previous month.
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 Unemployment Rate (Apr) 4.3% vs. Exp. 4.3% (Prev. 4.3%)
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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This stability suggests that the labor market is maintaining its current state, neither tightening nor loosening significantly, which may lead to a hold on any imminent shifts in policy or rates. Traders should watch for implications on the broader growth-inflation narrative, as consistent unemployment may limit concerns about inflationary pressures at this level.
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