From Nasdaq: 2025-06-02 10:11:00

Stocks open the week in the red due to trade tensions, with President Trump doubling steel tariffs. American steel manufacturer Cleveland-Cliffs surges +24%. Jobs Week starts, with expectations of +112K job gains from ADP and +125K from BLS. Campbell’s beats earnings with 73 cents per share and $2.48 billion in revenue for Q3.

Zacks names a top semiconductor stock with strong growth potential in AI, ML, and IoT, projecting global semiconductor manufacturing to grow from $452 billion in 2021 to $803 billion by 2028. For more information and free stock analysis reports, click on the provided links.

In the stock market today, S&P Manufacturing PMI and ISM Manufacturing for May are expected to remain positive. Construction Spending for April is expected to swing to a positive +0.2%. For more insights and analysis, visit Zacks Investment Research.



Read more at Nasdaq: Jobs Week Starts with More Trade Tensions