SPDR Dow Jones Industrial Average ETF (DIA)

Wall Street's two-day rally lost momentum Wednesday as investors reassessed the economic outlook after weak job numbers and a surprise contraction in the U.S. services sector cast fresh doubt over the strength of the economy.

ADP’s jobs report showed private employers added just 37,000 jobs in May, down from 60,000 in April.

Among the key catalysts for the day is ADP’s private payrolls report for May, which is expected to show job gains of 110,000 compared to 62,000 in April.

Wall Street posted modest midday gains on Tuesday, as investors digested the latest developments in President Donald Trump's trade policy agenda.

More Fed speakers are lined up for the day ahead of the “Blackout period,” which kicks in this Saturday.

His rallying call comes even as the House narrowly passed the bill, which is now headed toward the Senate for clearance.

The report said the size of the cuts at the film and TV businesses were comparable, and most of the eliminated television staffers are based in Los Angeles.

After delivering its strongest monthly performance since November 2023, Wall Street entered June on a cautious note, with mounting geopolitical tensions and new trade tariffs clouding investor appetite for risk assets.

Bank of America pointed to Boeing’s recent international deals, including agreements in the U.K., Qatar, the U.A.E., and China, as evidence that the company is playing a central role in global trade diplomacy.

The week’s economic calendar is heavily loaded with labor market data and speeches by Federal Reserve officials.

A strong May for U.S. equities is closing on a sour note, after President Donald Trump accused China of "totally" breaching a tariff agreement, raising new fears over trade disputes.

Petersen, a prominent voice in logistics and global supply chain management, broke down the ruling's implications for importers, trade law, and U.S. economic strategy.

The spotlight in Friday’s session is likely to be on the April personal income and spending report, which encompasses a key inflation measure.

Wall Street hovered slightly higher by midday Thursday, giving up a chunk of strong overnight gains in futures markets that were triggered by a federal court ruling suspending a large portion of President Donald Trump’s tari

Hassett did not disclose which three deals are on the table but stated they were ready for President Trump’s decision as of last week.

Morgan Stanley Research says the U.S. will continue trade negotiations but not eliminate tariffs.

DOGE claims to have saved U.S. taxpayers $175 billion so far, through asset sales, canceled contracts, workforce reductions, and other initiatives.

A U.S. federal trade court ruled that Trump exceeded his authority by imposing sweeping global tariffs under emergency powers, declaring the measures unlawful.

Elon Musk’s Grok chatbot is reportedly being promoted for broader adoption within federal departments, including the Department of Homeland Security, despite not having received formal approval.

After a sharp Tuesday rally fueled by optimism over improved U.S.-EU trade ties, Wall Street stalled midweek as rising Treasury yields reasserted pressure ahead of Nvidia Corp.

The 30-year fixed mortgage rate rose to 6.98%, an 18-week high, up from 6.92% the week before.

A strategist braces for more and stronger gains ahead, citing a snapping of a long bearish streak in a key investor sentiment measure.

Experts see China restrictions, Blackwell demand and guidance as the top items to watch for Nvidia's Q1 financial results.

Wall Street charged higher Tuesday, with U.S. equities posting broad-based gains by midday as investors embraced a risk-on mood, spurred by easing Treasury yields and renewed optimism surrounding trade talks between the U.S. and the European Union.