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US stocks fell on June 3, 2022, led by tech shares, after the May jobs report showed 390,000 jobs added and unemployment steady at 3.6%. Job growth was stronger than expected, and Treasury yields rose toward 3%.
A tight labor market supports further Fed rate hikes, which firm the dollar and raise borrowing costs for feed buyers and livestock producers.
finance.yahoo.comAlexandra SemenovaJun 3, 2022Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
