Market Overview

Economic Data Scheduled For Friday

  • U.S. jobs report for May is scheduled for release at 8:30 a.m. ET. Analysts expect contraction of 7.725 million in nonfarm payrolls for May, following a loss of 20.5 million jobs in April. The country’s unemployment rate is projected to surge to 19.8% from 14.7% in April.
  • The Baker Hughes North American rig count report for the latest week will be released at 1:00 p.m. ET.
  • Data on consumer credit for April will be released at 3:00 p.m. ET.

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