Payrolls rose 339,000 in May, exceeding expectations and indicating a resilient labor market.
The debt ceiling bill’s approval provided even another reason for the positive rally in stock futures.
The Asia-Pacific markets displayed a positive trend, with gains observed in South Korea, Japan, mainland China, and Australia.
Stocks in Europe and Asia have risen in response to the debt ceiling increase approved by lawmakers in the US.
The Senate has sent an approved bill to President Biden, allowing the government to borrow without a debt ceiling for nearly 2 years.
Compared to Quest 2, the new Meta Quest 3 comes with a 49 percent slimmer optic profile, thus a more comfortable headset for users.
Inflation in the Euro zone has fallen to 6.1% as individual countries are also recording reductions. However, Lagarde plans more rate hikes.
Of the key markets in the Asia Pacific region, only the South Korean Kosdaq saw a slight uptick.
Cathie Wood stated that NVDA stock is priced ahead of the curve and trading at 25X expected revenue for this year.
The 2-year and 10-year Treasury yields dropped Tuesday as investors await the legislative voting outcome on the debt ceiling bill.
BTC, ETH, and many other leading altcoins are all showing positive signs in the past few hours.
The ongoing negotiations surrounding the US debt ceiling have been a key focal point for investors as the June 1 deadline approaches.
Nvidia recently increased its quarterly earnings guidance on the back of solid demand, also sparking a rally in AI stocks.
In Q1, Nvidia partnered with ServiceNow, Medtronic, Dell Technologies, and Microsoft’s Azure to build generative AI for its array of products.
British inflation has been stubborn forcing the Bank of England to continue its interest rate hikes to 4.5%, for the 12th consecutive time. Economists are expecting further hikes in the upcoming meetings.