The Dow Jones index remains stable while the publication of NFP data is coming

  • The Dow Jones remains stable while the markets expect the NFP report on Friday.
  • Despite an optimistic general tone in the shares, the feeling of the market continues to limp.
  • The US is aimed at commercial conversations with China, for which Trump staff historically lacks patience.

The Dow Jones industrial average (DJIA) remained stable on Thursday, sailing quietly near the closing offers of the previous day. Investors are prepared for the Non -Agricultural payroll (NFP) employment report this week, scheduled to be published on Friday, and the Trump administration is working hard on commercial conversations with China and exchanging darts on budgetary bills with billionaires.

Jobs are the main data for investors this week. The employment offers ADP fell in May, which led investors to moderate their expectations for the official follow -up of this week’s NFP. The May NFP Employment Data Report is expected to show a net gain of 130K employment positions during the reference period, below the 177K of the previous month.

Also in markets: Fed officials are still concerned about tariff impacts on inflation

Trump’s former right hand, Elon Musk, has been criticizing Trump’s ‘great budgetary bill’ this week through social networks. Publishing on the social media platform he owns, Musk has openly ridiculed Trump’s budget in which he had participation.

Musk is ostensibly outraged because Trump’s budget codifies virtually none of the federal spending cuts that he quickly executed without the supervision of Congress at the beginning of Trump’s second mandate. The relationship between two of the most prominent people in the country is deteriorating rapidly while both exchange darts through social media platforms or by means of statements to the media.

The shares of Tesla (TSLA) fell by 8.5% at their fallest point, lowering $ 305 per share after Elon Musk openly stated that Donald Trump would have lost federal elections without their “participation.” Earlier this week, Elon Musk also threatened to challenge Congress legislators who support the Trump administration deficit bill.

Trump’s team is rushing towards commercial conversations with China after a call between President Trump and Chinese President Xi Jinping. According to Donald Trump’s statements on Thursday, both had a productive phone call, and negotiations on tariffs continue. However, Donald Trump himself and most of his entourage have a poor history of maintaining their composure when dealing with Chinese commercial officials. Trump and XI exchanged darts as recently as this week about trade, with both parties accusing each other of violating the commercial terms previously agreed in Geneva, Switzerland, in early May.

Read more news about actions: Circle Internet Group shares shoot 235% in their bag debut

Dow Jones price forecast

The Dow Jones industrial average is still trapped in a consolidation zone. Investors are waiting for a fundamental change in any direction, and a routine of holders that wear out the nerves on trade and tariffs has significantly expanded the scope of intra -intra -technical signals.

The Dow Jones is set in the 42,500 region, with a firmly limited bullish pricing action below the 43,000 area. However, the downward pressure remains firmly contained, with offers aligned on the north side of the 200 -day exponential (EMA) meaning of about 41,600.

Dow Jones daily graphics

Economic indicator

Non -agricultural payrolls

The most important result contained in the report on the employment situation is the monthly change in non -agricultural payrolls published by the US Department of Labor. The report publishes the employment creation estimates of the previous month and reviews in the data of the previous two months. Monthly changes in payrolls can be very volatile and the publication of this report generates high volatility in the dollar. A result superior to the market consensus is bullish for the dollar, while a result lower than expectations is bassist.


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Next publication:
Old Jun 06, 2025 12:30

Frequency:
Monthly

Dear:
130K

Previous:
177K

Fountain:

US Bureau of Labor Statistics


The United States Monthly Employment Report is considered the most important economic indicator for foreign exchange operators. Published the first Friday following the informed month, the change in the number of employees is closely related to the general performance of the economy and is monitored by those responsible for the formulation of policies. Full employment is one of the mandates of the Federal Reserve and considers the evolution of the labor market by establishing its policies, which affects the currencies. Despite several advanced indicators that shape estimates, non -agricultural payrolls tend to surprise markets and trigger substantial volatility. The real figures that exceed consensus tend to be bulls for the USD.

Source: Fx Street

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