- Morning Watchlist
- Posts
- June Jobs Report, Early Market Close
June Jobs Report, Early Market Close
Tom White
July 03, 2025
U.S. stock futures are relatively flat ahead of the Wall Street open after the benchmark S&P 500 settled at a new record on Wednesday.
All eyes will be on Jobs data today with non-farm payrolls expected to rise by about 110K but the unemployment rate is estimated to rise 0.1% to 4.3%. Investors will also focus on Services data with PMI and ISM numbers due.
Stock Markets close at 1 pm ET today ahead of the 4th of July Holiday tomorrow.
Morning Movers
Snapshot (as of 7 AM ET)
Oil (/CL) – Oil prices are down 0.1% near $67.40 a barrel as the possibility of U.S. tariffs being reinstated raised demand concerns ahead of an expected supply boost by major producers.
Gold (/GC) – Gold prices are down 0.1% near $3360 as investors awaited U.S. non-farm payrolls data that could influence the Federal Reserve’s timeline for interest rate cuts.
Bitcoin (/BTC) – The Crypto Future is relatively flat near 110.4K and just 1.7% off of its all-time highs.
VIX – The CBOE Volatility Index fell 1% on Wednesday and settled at 16.64 as stocks were higher.
U.S. Dollar (/DX) – The dollar is basically unchanged at 96.5.
Biggest Premarket Movers
Symbol | Product | Mark % Change (as of 7 AM ET) |
|---|---|---|
CDNS | Cadence Design Systems | +4.52% |
SNPS | Synopsys | +4.18% |
FSLR | First Solar | +3.91% |
BMY | Bristol Myers Squibb | -1.09% |
AAPL | Apple | -0.64% |
AMAT | Applied Materials | -0.61% |
Economic Data
Time | Event |
|---|---|
8:30AM ET | Jobless Claims June Employment Situation International Trade in Goods/Services |
9:45AM ET | PMI Composite — Final |
10:00AM ET | ISM Services Index Factory Orders |
10:30AM ET | Natural Gas Inventories |
11:00AM ET | Fed’s Bostic Speaks |
1:00PM ET | Markets Close |
Notable Earnings
Premarket | Postmarket | Premarket Monday | Postmarket Monday |
|---|---|---|---|
None | None | None | None |
Upgrades/Downgrades
Needham upgrades Meta Platforms (META) to Hold from Underperform
Wolfe Research upgrades Huntington (HBAN) to Outperform from Peer Perform
BNP Paribas Exane upgrades FedEx (FDX) to Outperform from Underperform
Wolfe Research downgrades PNC Financial (PNC) to Peer Perform from Outperform
Tune in live from 8 a.m. to 5 p.m. ET, or anytime, anywhere, on‑demand.
Or stream it via thinkorswim® and thinkorswim Mobile, available through our broker-dealer affiliate, Charles Schwab & Co., Inc
Please do not reply to this email. Replies are not delivered to Schwab Network. For inquiries or comments, please email [email protected].
See how your information is protected with our privacy statement.
This material is intended for informational purposes only and should not be considered a personalized recommendation or investment advice. Investors should review investment strategies for their own particular situations before making any decisions.
Schwab Network is brought to you by Charles Schwab Media Productions Company (“CSMPC”). CSMPC is a subsidiary of The Charles Schwab Corporation and is not a financial advisor, registered investment advisor, broker-dealer, or futures commission merchant.
Charles Schwab Media Productions Company and all third parties mentioned are separate and unaffiliated, and are not responsible for one another's policies, services or opinions.
Data contained herein is obtained from what are considered reliable sources. However, its accuracy, completeness, or reliability cannot be guaranteed. All events and times listed are subject to change without notice.