US markets hold steady: Wall Street edges up ahead of US jobs data; Fed rate cut bets rise amid hiring concerns

Thursday, 5 June 2025
US stocks edged higher as investors awaited crucial employment data, with labor market softness fueling expectations of a potential rate cut by the Federal Reserve later in the year. Procter & Gamble announced job cuts, while Five Below surged after strong earnings. PVH Corp. faced tariff-related pressures, impacting its profit outlook.

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Asian stocks climb on Fed rate cut hopes; Wall Street's big rally loses steam amid signs of slowing US economic data

Asian stocks mostly climbed following weak US economic data, fueling hopes for potential Federal Reserve interest rate cuts. Investors are keenly awaiting US...
IndiaTimes on June 5, 2025

US markets hold steady: Wall Street edges up ahead of US jobs data; Fed rate cut bets rise amid hiring concerns

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Asian stocks climb on Fed rate cut hopes; Wall Street's big rally loses steam amid signs of slowing US economic data