US labor costs up 0.9% in Q2, beating forecasts. Wages climb 1% as Fed holds rates, citing downside risks.
Inflation ticks up, layoffs surge, but S&P 500 futures climb. Traders eye Fed's next move amid mixed signals.
Investor's Business Daily
4m ago
Cotton futures rebound 12 pts as dollar eases; Oct contract lags. USDA AWP up 23 pts to 54.95 cents/lb.
Figma prices IPO at $33, above range, valuing it at $19.3B. Revenue up 46%, strong demand signals potential rally.
Lean hog futures mixed, Aug hogs down $0.225 to $107.025. USDA hog price up $1.20. Coffee & cocoa prices dip on tariff relief & dollar strength.
Live cattle futures rally $3.35 on strong cash trade, feeder cattle near $340. Boxed beef dips, but slaughter numbers lag.
Wheat futures mixed: KC up 3.5 cents, Chicago down 6 cents. Russian wheat exports revised up to 43.3 MMT.

8 months ago
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