Fox Business
05 Jun 2026, 21:00 UTC · 3h ago
HASSETT WARNING: Fed must watch INFLATION numbers

Top 2 movers · tap to explore
Fox Business
05 Jun 2026, 21:00 UTC · 3h ago

Top 2 movers · tap to explore
Story key points
2 claims · impact-rated
The May jobs report significantly exceeded forecasts, suggesting a defiant US economy. — Stronger-than-expected labor data typically pressures the Fed to keep interest rates higher for longer to combat inflation.
-0.60Nasdaq indices declined as investors sold off chip stocks. — Sell-offs in high-weight semiconductor stocks directly drag down growth-oriented indices and risk appetite.
-0.40Ticker attribution
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3h ago