Wall Street is reacting to the June jobs this morning. Economists expected nonfarm payrolls to grow by 190,000, with the unemployment rate holding at 4%. In the UK, the Labour Party won a sweeping victory in the general election. This victory unseats the Conservative party for the first time in 14 years. Labour Party leader Keir Starmer will officially replace Rishi Sunak as Prime Minister today. Yahoo Finance trending tickers include Tesla (TSLA), Nvidia (NVDA), and Coinbase (COIN).
Key guests include:
8:30 a.m. ET – Joe Brusuelas, RSM Chief Economist
9:40 a.m. ET – Scott Bauer, Prosper Trading Academy CEO
9:50 a.m. ET – Julie Su, Acting U.S. Labor Secretary
11 a.m. ET – Julia Pollak, ZipRecruiter Chief Economist
11:40 a.m. ET – Glenn Williams, Primerica CEO