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Wall Street is pointed toward small gains early Friday ahead of the government's May jobs report, which should at least briefly take the spotlight off the feud between President Donald Trump and Elon Musk that erupted publicly this week.
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S&P 500 futures rise ahead of May jobs report: Live updates CNBCGlobal Markets Mixed; U.S. Futures Slightly Higher Ahead of Jobs Data WSJStock market today: Dow, S&P 500, Nasdaq reach for gains as Wall Street waits for fresh labor data Yahoo FinanceStocks Post Modest Gains as Bond Yields Fall and Chip Stocks Rally Nasdaq
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Stocks on guard for US jobs data, Tesla shares claw back ground premarket ReutersTesla jumps 5% in premarket trading as stock reels from Trump-Musk drama CNBCAre We Witnessing the Implosion of the World's Richest Man? Time MagazineUS Futures, Tesla Climb on Easing Trump-Musk Rift: Markets Wrap Bloomberg.comBroadcom, Tesl
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The number of new jobs created in May slowed to 139,000, a sign the Trump trade wars are starting to make a dent in a resilient U.S. labor market that's been a bedrock of the economy.
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Asian Shares Have Tepid Start Before US Jobs Data: Markets Wrap BloombergEquities on front foot as US data feeds rate-cut hopes InsideNoVa.comGlobal shares mostly rise after Wall Street's rally stalls on U.S. economic data 5 EYEWITNESS NEWSAsian shares mostly gain ahead of Friday's US jobs report MSN
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Winnebago's stock dropped after the RV maker issued a profit warning and said it was cutting jobs, as the Trump presidency hasn't provided the retail momentum that was hoped for.
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Economists expect that when the Bureau ofLabor Statistics reports the May nonfarm payrolls numbers, they will show a gain of just 125,000.
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Privately run businesses created just 37,000 new jobs in May — the smallest increase in more than two years — as the worst global trade wars since the 1930s spurred many firms to put a pause on hiring.
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