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no_data1Bitget UEX Daily｜Nonfarm Payrolls in Focus: A More Hawkish Fed Could Strengthen the U.S. Dollar and Pressure Gold and Equities; Bitcoin Holds Above $63,000 (June 5, 2026)2Grand Client Roadshow, Bullish Reports in Unison—Wall Street "Pulls Out All the Stops" to Hype Up SpaceX's Listing3Bitget US Stocks 2.0: Key Advantages Explained! Plus Limited-Time Offer of $200,000 in NVIDIA
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13:35
S&P 500 and Nasdaq Plunge at Open, Chip, CPI Concept, and Crypto Concept Stocks All Hit HardBlockBeats News, June 5th, according to Bitget data, the US stock market opened with the Dow up 0.1%, the S&P 500 down 0.6%, and the Nasdaq down 1.2%.
Most chip stocks trended down, with Arm down over 5%, Micron Technology down over 4%, Marvell Technology Group (MRVL) down 6%, and Intel down over 5%.
As for the CPO concept stocks, NOK fell by 6.38% and LITE fell by 2.79%.
Regarding crypto concept stocks, MSTR fell by 4.65%, CRCL fell by 4.59%, and an exchange fell by 4.62%.
13:28
Hassett: The Federal Reserve Should Not Raise Interest Rates, There is Still Room for Cuts On June 5, Hassett, the Director of the National Economic Council at the White House, stated that the Federal Reserve should not raise interest rates, and there is still room for rate cuts in the future.
13:18
「Fed's Whisperer」: Non-Farm Payrolls Won't Completely Resolve Fed's Rate Hike Debate, Near-Term Rate Cut Highly UnlikelyBlockBeats News, June 5th, Fed's
Whisperer
Nick Timiraos published a commentary on the latest nonfarm payroll data, suggesting that this spring's hiring spree has regained momentum. This development will provide further justification for Fed officials concerned about inflation, who believe that the current low-interest rates are insufficient to contain the upward pressure on prices.
This employment report will not entirely settle the debate on how much the Fed should consider raising interest rates later this year. However, it does reinforce the notion that the reasons for a rate cut in the short term have largely dissipated.
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