U.S. Economy and Jobs Market Are Showing Cracks. Fed Rate Cuts Are Not Far Off.

By Jeffry Bartash Forget the summer heat: The economy appears to have caught enough of a chill that the Federal Reserve is likely to cut interest rates soon. The latest evidence? A June jobs report wh

MarketWatchJul 5 14:45 ET

S&P 500, Nasdaq Composite Hit New Records as Wall Street Mostly Likes Latest Job Report

Stocks traded mostly higher Friday morning following the July 4th market holiday, with the S&P 500 and the Nasdaq Composite pushing further into record territory as the June jobless rate came in higher than expected.

Moomoo NewsJul 5 13:44 ET

Momentum for Biden to Step Aside Accelerating, Analyst Fordham Says

The red-hot Washington debate over whether President Joe Biden will scrap his run for re-election is spilling into Wall Street. We discuss the chances of Biden pulling out of the race, and whether Kamala Harris has emerged as the clear alternative with Geopolitical Strategist & Founder of Fordham Global Foresight, Tina Fordham and Bloomberg Opinion's John Authers.

BloombergJul 5 03:28 ET

The US Federal Reserve has been slow to cut interest rates, and the size of the US money market has surpassed 6.15 trillion US dollars, reaching a new high.

In the week ending on the 2nd, there was a inflow of approximately $51.2 billion into the US fund market, the largest inflow in three months. Some analysts pointed out that as long as the Federal Reserve continues to hold steady, funds will continue to flow into currency funds.

wallstreetcnJul 4 08:23 ET

Biden Vs. Trump: New Poll Shows President Still Very Much In Race Despite Debate Fiasco But Final Outcome Hinges On This Key Voter Group

President Joe Biden managed to close his gap with his predecessor Donald Trump and get even with the latter, according to the results of a nationwide survey of voters published on Friday.The Matchup:

BenzingaJul 4 02:45 ET

The US election has stirred up the market! The speculation around Biden's withdrawal continues to ferment, and Wall Street turns to 'Trump's trade'.

Traders are adjusting their positions.

Zhitong FinanceJul 3 20:03 ET