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

Stocks open slightly lower due to trade tensions, with Trump doubling steel tariffs on China. U.S. Steel takeover by Nippon Steel boosts Cleveland-Cliffs stock +24%. Jobs Week starts with JOLTS, ADP private payrolls, Jobless Claims, and BLS Employment Report. Campbell’s Q3 earnings beat expectations, with 73 cents per share and $2.48 billion in revenue.

S&P Manufacturing PMI and ISM Manufacturing data expected today, with Construction Spending for April also on tap. Semiconductor stock poised for growth in AI, ML, and IoT markets. Global semiconductor industry projected to reach $803 billion by 2028. Automatic Data Processing, Dollar General, and other stocks in focus.



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