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

Shares of Precious Metals Stocks Are Trading Higher as Gold and Silver Rise Following US Jobs Data.

Shares of Precious Metals Stocks Are Trading Higher as Gold and Silver Rise Following US Jobs Data.

BenzingaJul 5 23:31

Express News | Analyst: Non-farm data below expectations could push gold price to break through the 2400 level.

BreakingsJul 5 13:55

Will Non-farm Payrolls Become the Judge of Life and Death? The Gold and Silver Trends Have Reached a Critical Juncture!

Analysts expect that the upward trend is more likely for gold and silver, but they would prefer to see a significant pullback after the non-farm payroll report. Why?

Golden10 DataJul 5 11:33

Facing Non-Farm Payrolls: the first heavy data of trade in the second half of the year!

Why does the Non-Farm Payroll data tonight once again affect the nerves of global financial markets and traders?

Golden10 DataJul 5 10:46

Gold Pushes Higher as Investors Expect Fed Will Start to Ease

Gold headed for a back-to-back weekly gain on expectations that the Federal Reserve will trim interest rates before year-end, with traders looking ahead to US payrolls data for the next batch of clues on the outlook.

BNN BloombergJul 5 10:10