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The week as a whole for the three indices. Road map starts with 30 minutes after the jobs number, good news is bad news again. Over 200,000 added in the month of june. That has stock records in the rear view mirror as data may ease pressure on the fed to cut rates. Futures in retreat, moving sharply lower to start the morning. While the u. S. Is on holiday, europe took out the elegant gun on big tech. Both parties in the uk back to target big tech and france moving forward on attacks on the likes of facebook and google the employment rate ticked up to 3. 7 as more people entered the workforce. Wage growth slowed a little bit in june, but remained at 3. 1 year over year for a second straight month perhaps more importantly, though, we did see average Hourly Earnings 0. 2 versus the 0. 3 expected. Mike, your take on this as to whether it really alters the chance of a 25 basis point cut in july. Not very much it injects a little bit ....
Ma mac, possibly some custom chips and well bring you key headline throughout this hour our own steve kovac is live on the ground at wwdc while rosenblats martin croquette and msnbc contributor are with me to discuss what the product means for apples bottom line with the event kick off as we speak lets get back to steve kovac out there in cupertino steve, people would be forgiven for thinking this whole thing is a headset unveil, but this is a developer conference which is paving the way for the new software for the next iphone and possibly macs that helped them gain a lot of market share during the pandemic. How important are those pieces during this event . Yeah. Incredibly important, jon. This is still some of the iphone companies and any updates to ios is incredibly important. What i will be looking for is around wallet and fintech, and they announced the buy now, pay later that sent shares of the firm down and they have huge ambitions for apple pay and there there was an interesti ....
Psychologically probably is worth trying to ramp things up in the end. Absolutely. Its the charge heard around the world. The stock market is rigged. Author Michael Lewis asserting that to kick off his book tour. We have more reaction. Well examine if average investors would help or hurt themselves by avoiding stocks because of what lewis is saying. We have plenty of reaction coming up. And its dday for obamacare signups, but healthcare. Gov has been sick on and off all day as in it hasnt been working on and off all day. Well have the latest on yet another embarrassment for the new Health Care Law and were going to talk with the ceo of a hospital care company. Theyre the largest Psychiatric Hospital owner in the land about the impact it will have on his business, on obamacare, and on your care as well. Very instruc ....