Zajtra akciové trhy zavreté ...Independence Day Friday, July 3 (July 4 holiday observed)
Florida reports 10,109 new COVID-19 cases on Wednesday versus 6593 on Tuesday – CNBC
US VP Pence Says There IS No Need For A National Mandate To Wear Masks
Payrolls dáta:
• June nonfarm payrolls increased by 4.800 million (consensus 3.50 million). May nonfarm payrolls revised to 2.699 million from 2.509 million. April nonfarm payrolls revised to -20.787 million from -20.687 million.
• June private sector payrolls increased by 4.767 million (consensus 3.00 million). May private sector payrolls revised to 3.232 million from 3.094 million. April private sector payrolls revised to -19.835 million from -19.724 million.
• June unemployment rate was 11.1% (consensus 12.6%), versus 13.3% in May. Persons unemployed for 27 weeks or more accounted for 7.9% of the unemployed versus 5.6% in May. The U6 unemployment rate, which accounts for unemployed and underemployed workers, was 18.0%, versus 21.2% in May.
• June average hourly earnings declined 1.2% (Briefing.com consensus -1.0%) versus a 1.0% decline in May. Over the last 12 months, average hourly earnings have risen 5.0%, versus 6.6% for the 12 months ending in May.
In any case, the key takeaway from the report as far as the market is concerned is that it reflects an economy that is bouncing back from the depths of the COVID-19 shutdown period. There are still far too many people unemployed (17.750 million), yet the June numbers are moving in the right direction.