Refinitiv Newscasts - US Day Ahead: Strong labor data fuels Fed fears, NFP report comes into focus

PacWest Bancorp

06/07/2023 21:02

Click the following link to watch video: https://share.newscasts.refinitiv.com/link?entryId=1_c334xzf6&referenceId=1_c334xzf6&pageId=RefinitivNewscasts
Source: Reuters

Description: Wall Street tumbled on Thursday, pressured by a jump in U.S.
treasury yields after data signaling a resilient labor market fanned fears the
Federal Reserve could keep interest rates higher for a longer period. On
Friday, attention turns to the June non-farms payroll report, amid fears that
an unexpectedly strong number could cause share markets to sink further.
Short Link: https://refini.tv/3JIPN7O

Video Transcript:

Verified transcript not available