HomeMarketsU.S. EconomyMarkets on Hold, Jobs Report Looms & MDB Soars

Markets on Hold, Jobs Report Looms & MDB Soars

Kevin Green says markets are in a holding pattern ahead of Friday's May jobs report, but adds that weak ADP numbers and slowing economic data could be a warning sign. Green notes that while a rate cut is priced in, it may not be all bad news for equities, especially if it's seen as a way to combat a slowdown. KG says a break below 5940 could bring in more sellers. In earnings news, MongoDB (MDB) surges higher after a strong beat & raise.

Morning Movers

05 Jun 2025

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