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Markets on Hold, Jobs Report Looms & MDB Soars

Markets on Hold, Jobs Report Looms & MDB Soars

Schwab Network · Schwab Network

June 5, 20257m 55s

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Show Notes

Kevin Green says markets are in a holding pattern ahead of Friday's May jobs report, but adds that weak ADP numbers and slowing economic data could be a warning sign. Green notes that while a rate cut is priced in, it may not be all bad news for equities, especially if it's seen as a way to combat a slowdown. KG says a break below 5940 could bring in more sellers. In earnings news, MongoDB (MDB) surges higher after a strong beat & raise.


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