WBA - 3 Things To Watch Out For In The June 2024 Jobs Report
2024-06-30 09:00:00 ET
Summary
- Markets are near an all-time high, negating the relevance of the NFP report.
- Stock markets will close early on July 4 and 5 at 1 pm, minimizing the reaction to the June jobs report.
- Investors should expect job increases in government, healthcare, and technology sectors in the upcoming report.
- Related stock ideas in military, consumer discretionary, mining, and professional technology services.
Ahead of the Bureau of Labor Statistics (‘BLS’) posting the non-farm payroll report on Friday, July 5, 2024, stock markets will observe Independence Day. Markets will close on Thursday, July 4, and Friday at 1:00 p.m. The shortened trading week will weaken the market’s reaction to the June BLS report. Expect the market to delay its reaction to the report to the following week....
3 Things To Watch Out For In The June 2024 Jobs Report