Jobs
Jobs report, meme stocks move ahead of Roaring Kitty livestream: Yahoo Finance
Wall Street is reacting to the May jobs report. Economists expected nonfarm payrolls to increase by 185,000, with the unemployment rate steady at 3.9%. The report comes ahead of the Fed’s interest rate meeting next week. Meme stocks including GameStop (GME) and AMC Entertainment Holdings (AMC) are moving this morning ahead of a highly anticipated livestream from Roaring Kitty. The stream is set to be the trader’s first on YouTube in nearly four years. Yahoo Finance trending tickers include DocuSign (DOCU), PayPal (PYPL), and Robinhood Markets (HOOD).
Key guests include:
8:30 a.m. ET – Lauren Goodwin, New York Life Investments Economist and Chief Market Strategist & Robert Sockin, Citi Senior Global Economist
9:30 a.m. ET – Julie Su, Acting Labor Secretary
9:40 a.m. ET – Brent Thill, Jefferies Senior Analyst
10:15 a.m. ET – Nancy Tengler, Laffer Tengler Investments CEO & CIO
10:40 a.m. ET – Mark Clouse, Campbell Soup Company CEO
11 a.m. ET – Bridget Lohrius, Sandwina Founder and CEO