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Daily Scoop 5-6
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The Scoop Du Jour: Anticipation
The Market (S&P 500): 4,201.62⬆️+0.8%With two solid employment teaser numbers yesterday and today, investors are getting excited to see the official April employment numbers tomorrow. Corporations are doing well, but supply material pricing concerns are increasing.Company Headlines
Vaccine shakeupPeloton dangerCrypto movementE-commerce slowdownTo the moon
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Reminder...
There are three main reports people watch to understand trends in the labor market. The U.S. Bureau of Labor Statistics puts out the "big" monthly report that highlights the unemployment rate and jobs growth. There's also a private sector survey from ADP and the weekly initial unemployment claims (a proxy for layoffs) report from the Labor Department.
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