News Bulletin

Friday, June 05 2026
Evening Edition

 

Economic Numbers:

Time

Event

Actual

Forecast

Previous

Friday, June 5, 2026

 

8:30

Average Hourly Earnings (MoM) (May)

0.30%

0.30%

0:02

8:30

Nonfarm Payrolls (May)

172K

85K

179K

8:30

Unemployment Rate (May)

0.043

0.043

1:01

8:30

Private Nonfarm Payrolls (May)

120K

85K

177K

8:30

Average Hourly Earnings (YoY) (YoY) (May)

0.034

3.40%

0:51

8:30

Participation Rate (May)

0.618

 

14:49

8:30

U6 Unemployment Rate (May)

8.10%

 

1:58

8:30

Government Payrolls (May)

52.0K

 

2.0K

8:30

Manufacturing Payrolls (May)

7K

2K

0K

8:30

Average Weekly Hours (May)

3430.00%

3430.00%

7:12

13:00

U.S. Baker Hughes Oil Rig Count

431

 

0:00

13:00

U.S. Baker Hughes Total Rig Count

563

 

0:00

15:26

Consumer Credit (Apr)

20.73B

17.80B

22.23B


Indices:
 

 

CLOSE

50 DMA

200 DMA

DJIA

50,866.78

49,071.32

47,892.05

NASDAQ

25,709.43

24,773.98

23,322.47

S&P 500

7,383.74

7,158.19

6,859.23

Earnings Calendar:

(EPS: Earning Per Share)

Company

EPS

Consensus

Previous

Revenue

Consensus

Previous

MarketCap

Fiscal

Time

ABM Industries ABM

0.9

0.92

20:38

2.29B

2.22B

2.1B

$2.68B

Q2

PM

Market News:

Wall Street on Friday slumped, as rate-sensitive technology stocks and chip names fell amid rising U.S. Treasury yields after a significantly stronger-than-expected May jobs report. Middle East tensions were also elevated after a ceasefire between Israel and Lebanon was rejected by Hezbollah. 

 

US Job growth unexpectedly surged in May as the U.S. labor market continued a solid year of expansion, the Bureau of Labor Statistics reported Friday.Nonfarm payrolls jumped a seasonally adjusted 172,000 for the period, down slightly from the upwardly revised 179,000 in April and far above the Dow Jones consensus estimate for 80,000. The unemployment rate held steady at 4.3%, as expected.

 

Meta Platforms (NASDAQ:META) shares fell 7% on Friday after the Financial Times reported the company is considering a major equity raise to fund its artificial intelligence infrastructure.

 

Options trading in Marvell Technology Inc. reached 605,010 contracts on Friday at 3:20 p.m. New York time, according to exchange data compiled by Bloomberg. Call options accounted for 376,173 contracts while put options totaled 228,837 contracts.

 

TerraVest Industries Inc (TSX:TVK) shares tumbled 31.9% Friday following allegations that executive chairman Charles Pellerin tipped off family members and acquaintances ahead of a major acquisition announcement.

 

Space Exploration Technologies Corp. signed a cloud service agreement with Google LLC on Friday to provide access to computing capacity, according to a filing with the Securities and Exchange Commission.

 

Mega-Cap Movers (Market Cap:$200 billion USD or higher)

Arm (ARM) -11.78%

Marvell Technology Group Ltd (MRVL) -10.01%

SanDisk Corp-Exch (SNDK) -10.37%

Qualcomm Inc (QCOM) -9.22%

Micron Tech (MU) -9.17%

Adv Micro Device (AMD) -8.87%

Oracle Corp (ORCL) -8.71%

Intel Corp (INTC) -8.12%

Lam Research Corp (LRCX) -7.13%

Arista Networks (ANET) -6.95%

 

Large-Cap Stock Movers (Market Cap:$10-$200 billion USD)

 

Planet Labs PBC (PL); Planet Labs posts Q1 earnings, revenue beat driven by strong government demand -24.81%

Zumiez Inc (ZUMZ); Zumiez shares slide over 12% on worse-than-expected Q1 results, guidance -25.68%

SNXX (SNXX) -21.19%

Iris Energy (IREN) -14.53%

Yandex (NBIS) -13.79%

Good Works Acquisition (CIFR) -13.42%

DPCM Capital (QBTS) -13.31%

New Providence Acquisition Corp N (ASTS); Starfighters Space to join Russell 3000 index on June 29 -12.97%

dMY Technology Group III (IONQ) -12.3%

Joby Aviation (JOBY) -12.52%

 

Mid-Cap Stock Movers (Market Cap:$2-$10 billion USD)

 

MUU (MUU) -19.03%

Fundrise Innovation Fund (VCX) -18.98%

Sunshine Silver Mining and Refining (SSMR) -18.51%

Live Oak Acq (NVTS) -17.44%

TECO Energy Inc-Exch (TE) -17.41%

Inflection Point Acquisition II (USAR) -16.72%

Enphase Energy Inc (ENPH) -16.47%

Willow Lane Acquisition (BRUN) -15.86%

POET Tech NAQ (POET) -18.26%

 

Small-Cap Stock Movers (Market Cap:$300 million - $2 billion USD)

 

Enigmatig Ltd (EGG) -44.33%

PTK Acquisition (VLN) -36.02%

SGOCO Group (TROO) -31.01%

NEBX (NEBX) -29.22%

Intec Pharma Ltd (INDP) -24.21%

Bleichroeder Acquisition I (MRLN); Merlin completes design review for C-130J autonomy program +26.92%

Industrea Acquisition A (BBCP) +31.83%

Julong Holding Ltd (JLHL) +36.29%

 

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