New jobs report report kicks off new month of trading: What to know this week

to end an otherwise positive month of May as investors appeared to press pause on AI enthusiasm and the prospect of the Federal Reserve holding interest rates higher for longer remained top of mind.In the week ahead, updates on the labor market will be front and center to start a fresh month of trading. The May jobs report is set for release on Friday morning while updates on job openings and private wage growth are also on the schedule.

"The bottom line is that while some divergences have been developing all year, most only presented themselves in recent weeks," Clissold wrote. "If the market is in a topping process, it is likely in the beginning phases. Not enough evidence has changed to warrant adjusting our overweight recommendation to U.S. stocks."

Gold bars and silver coins continue to show strong sales for Costco, and these high-value items help the company show strong online growth too.These three stocks have already proven their worth this year, but are set to continue climbing in 2024 and even beyond. The post 3 Stocks That Can Help You to Get Richer in 2024 appeared first on The Motley Fool Canada.

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