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Treasury Yields Jump on Hot Jobs Report. Stock Futures Stay Lower.
Barrons.com67d agobullish
Treasury Yields Jump on Hot Jobs Report. Stock Futures Stay Lower.

Stock futures kept falling after a hot jobs report sent bond yields higher. Dow futures were flat. S&P 500 futures were down 0.6%. Nasdaq 100 futures was down 1.3%. The U.S. economy added 172,000 jobs in May, which was well above expectations at 105,000 jobs.

3 Financials Stocks That Fall Short
StockStory67d agobearish
3 Financials Stocks That Fall Short

Financial institutions play a critical role, offering everything from consumer banking to wealth management and specialized financial solutions. Still, investors are uneasy as companies face challenges from an unpredictable interest rate and inflation environment. These doubts have caused the industry to lag recently as financials stocks have collectively shed 2.7% over the past six months. This performance is a noticeable divergence from the S&P 500’s 10% return.

Lululemon slides as bleak forecasts deepen turnaround worries
Reuters67d agoneutral
Lululemon slides as bleak forecasts deepen turnaround worries

June 5 () - Lululemon Athletica shares dropped 12% in premarket trade on Friday after bleak quarterly and annual profit outlooks deepened concerns over the ‌yoga apparel maker's turnaround amid slowing U. demand, competition and tariff costs.

The Week in Numbers: SpaceX goes sky-high, Victoria's Secret soars
Reuters Videos67d agobullishVIDEO
The Week in Numbers: SpaceX goes sky-high, Victoria's Secret soars

<body><p>STORY: From SpaceX going sky high to Victoria's Secret making a comeback...</p><p>:: The Week In Numbers</p><p>This is The Week in Numbers.</p><p>:: $75 billion</p><p>$75 billion is how much SpaceX plans to raise in its upcoming share sale.</p><p>That was the word from a Reuters source.</p><p>They said Elon Musk’s rocket firm will sell almost 556 million shares at $135 apiece.</p><p>Reuters had earlier reported the IPO would see SpaceX valued at $1.75 trillion.</p><p>:: $965 billion</p><p>$965 billion is how much Anthropic's valuation surged to.</p><p>It put the AI startup ahead of Sam Altman's rival OpenAI.</p><p>Anthropic announced it had raised $65 billion in its latest funding round, which pushed up its value.</p><p>It aims to boost computing capacity to meet growing demand for its chatbot Claude and to scale its products</p><p>:: 50%</p><p>About 50% is how high Victoria's Secret shares soared post-results.</p><p>Investors bought in after the lingerie retailer posted blockbuster quarterly earnings and raised its annual forecasts.</p><p>Revenue grew by double digits in the quarter.</p><p>It follows CEO Hillary Super's efforts to stop years of falling sales by reining in discounting and leaning back into its former "sexy" image.</p><p>:: 60</p><p>60 is how many economies the Trump administration has proposed placing more duties on imports of.</p><p>It cited failures to curb trade in goods made with forced labor, which it called unreasonable and argued it restricted U.S. commerce.</p><p>The duties would reach up to 10% or 12.5% and targets major players like the EU, China and neighbours like Mexico and Canada.</p><p>It comes as the Trump administration tries to rebuild its emergency tariffs after they were struck down in February by the U.S. Supreme Court.</p><p>:: $2 billion</p><p>And up to $2 billion is how much Garth Brooks could sell his music catalog for.</p><p>That's what the Wall Street Journal reported.</p><p>The country music star is known for hits like 'The Dance' and 'Friends in Low Places'.</p><p>The Journal said the deal would cover both Brooks' songwriting and recorded music rights.</p></body>

US Stock Market Today: S&P 500 Futures Slip As Rate Hike Worries Persist
Simply Wall St.67d agoneutral
US Stock Market Today: S&P 500 Futures Slip As Rate Hike Worries Persist

The Morning Bull - US Market Morning Update Friday, Jun, 5 2026 US stock futures are mixed this morning, with Dow contracts edging higher while S&P 500 and Nasdaq futures slip, as investors weigh strong US demand against stubborn inflation and higher rate expectations. The ISM Services index sits at 54.5, a reading that signals many service businesses are still busy, which tends to support jobs and spending. At the same time, durable goods orders are up 4.8%, showing solid appetite for big...

IonQ (IONQ) Is Down 6.4% After IBM’s Quantum Spend Puts Its Expansion Strategy Under Scrutiny
Simply Wall St.67d agoneutral
IonQ (IONQ) Is Down 6.4% After IBM’s Quantum Spend Puts Its Expansion Strategy Under Scrutiny

In recent months, IonQ has reported very large year-over-year revenue growth, surpassed US$100 million in annual sales, advanced a presold 256‑qubit system, and announced a planned US$1.80 billion acquisition of SkyWater alongside new government contracts through its IonQ Federal division. At the same time, IBM’s US$10 billion quantum commitment and Quantinuum’s billion‑dollar Nasdaq IPO have redirected attention and capital across the quantum sector, putting IonQ’s rapid expansion and...

Nasdaq Futures Drop as AI Rally Halts Ahead of Jobs Report. Dow Edges Up After Record High.
Barrons.com67d agobullish
Nasdaq Futures Drop as AI Rally Halts Ahead of Jobs Report. Dow Edges Up After Record High.

Stocks were headed for the red on Friday as investors ditched tech ahead of the May jobs report, which will give the market a better idea of whether there will be scope for the Federal Reserve to hike interest rates later this year. Futures tracking the Dow Jones Industrial Average rose 29 points, or 0.1%. S&P 500 futures fell 0.6% and contracts tied to the tech-heavy Nasdaq 100 dropped 1.3%.

Fiserv Stablecoin FIUSD Targets Community Banks And Payments Infrastructure Role
Simply Wall St.67d agoneutral
Fiserv Stablecoin FIUSD Targets Community Banks And Payments Infrastructure Role

Fiserv (NasdaqGS:FISV) plans to launch its own federally compliant stablecoin, FIUSD, in July. The product is aimed at community banks and credit unions that want access to blockchain based payments. The move introduces a new stablecoin option focused on regulated U.S. financial institutions. Fiserv is a large provider of payments and financial technology to banks, credit unions, and merchants, and FIUSD extends that footprint into blockchain based digital assets. By targeting community...

Verizon (VZ) Stock Trades Down, Here Is Why
StockStory68d agoneutral
Verizon (VZ) Stock Trades Down, Here Is Why

Shares of telecommunications giant Verizon (NYSE:VZ) fell 3.9% in the afternoon session after the U.S. Supreme Court ruled against the company, backing the Federal Communications Commission's (FCC) authority to fine it for mishandling customer location data.

Goldman Sachs delivers clear message on interest rate cuts
TheStreet68d agobearish
Goldman Sachs delivers clear message on interest rate cuts

Wall Street is booming, but Goldman Sachs isn’t convinced that lower interest rates are around the corner. In an interview with CNBC, Goldman Sachs COO John Waldron reiterated the bank's view that the Federal Reserve could start cutting interest rates by the close of 2026. Put simply, Americans may ...

Constellation Energy Bets On Nuclear Restart And Calpine Deal For Growth
Simply Wall St.68d agoneutral
Constellation Energy Bets On Nuclear Restart And Calpine Deal For Growth

Constellation Energy (NasdaqGS:CEG) received a federal regulatory waiver that accelerates the restart timeline for its Three Mile Island, now Crane, nuclear plant. The company also agreed to acquire Calpine for US$16.4b, expanding its natural gas and clean power generation footprint. Both moves are described by the company as serving growing demand for carbon-free and reliable electricity, including from large tech and data center customers. Constellation Energy focuses on power generation...