U.S. stocks closed with the expectation of interest rate cuts boosted by non-farm payrolls, with the S&P and Nasdaq hitting new highs! Tesla rose nearly 38% in eight days, while Nvidia cooled off.

In June, non-farm payroll employment in the USA fell sharply, with significant downward revisions to previous data, and the unexpected rise in unemployment rate highlighted a cooling labor market, leading the market to bet over 70% on rate cuts in September and December.

wallstreetcn09:30

SPDR Gold ETF Options Spot-On: On July 5th, 173.25K Contracts Were Traded, With 2.3 Million Open Interest

On July 5th ET, $SPDR Gold ETF(GLD.US)$ had active options trading, with a total trading volume of 173.25K options for the day, of which put options accounted for 29.32% of the total transactions, and

Futu News04:30

Update: Gold Rises as Jobs Report Boosts Rate-Cut Hopes

(Updates prices.) Gold prices rose midafternoon on Friday as U.S. hiring slowed sharply in June, supporting expectations the Federal Reserve could move to lower interest rates as soon as September. Go

MT Newswires02:00

Gold and Silver Are Trading Higher Following US Employment Data.

Gold and Silver Are Trading Higher Following US Employment Data.

BenzingaJul 5 23:26

Unexpected June non-farm data in USA! The gold market is undergoing a "heaven-and-earth needle" phenomenon.

Did the unexpected increase in the unemployment rate in the United States in June stabilize the Fed's interest rate cut in September?

Golden10 DataJul 5 21:39

Gold Rises as Jobs Report Boosts Rate-Cut Hopes

Gold prices rose early on Friday as U.S. hiring slowed sharply in June, supporting expectations the Federal Reserve could move to lower interest rates as soon as September. Gold for August delivery wa

MT NewswiresJul 5 21:01