From Nasdaq: 2025-06-04 16:23:00

The stock market struggled today after a disappointing ADP jobs report and ISM services PMI. The Dow ended in the red, while the Nasdaq and S&P 500 saw gains. The Cboe Volatility Index (VIX) marked its fifth session decline. The Federal Reserve’s “Beige Book” indicated a slowdown in hiring and concerns about rising prices due to tariffs.

In other news, U.S. budget deficits could exceed $2.42 trillion over the next decade if the GOP budget bill is approved. The U.S. Navy signed a $1.1 billion deal with Raytheon for short-range missiles. Learn how to navigate Trump-era trading psychology, and read about retailer earnings and software stock performance.

Gold prices rose today as the U.S. dollar weakened, while oil prices dipped due to tariff tensions. West Texas Intermediate (WTI) crude fell 0.9% to $62.85 per barrel. Gold futures climbed 0.7% to $3,399.20 amid global economic uncertainty.



Read more at Nasdaq: Dow Snaps Win Streak as Jobs, Services Data Weighs