Stock Market Update

05-Jun-26 08:36 ET
May Employment Situation Report
Market is Closed
[BRIEFING.COM] S&P futures vs fair value: -42.00. Nasdaq futures vs fair value: -384.00.

The S&P 500 futures currently trade 42 points below fair value.

Just released nonfarm payrolls increased by 172,000 in May (Briefing.com consensus 96,000), from an upwardly revised prior increase of 179,000 (from 115,000).

Nonfarm private payrolls increased by 120,000 in May (Briefing.com consensus 89,000), from a revised prior increase of 177,000 (from 123,000).

The unemployment rate remained unchanged at 4.3% (Briefing.com consensus 4.3%).

Average hourly earnings increased by 0.3% (Briefing.com consensus 0.3%) from the prior level of 0.2%.

The average workweek remained at 34.3 hours (Briefing.com consensus 34.3), unchanged from the prior level.

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