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- Jul 3 US Payrolls rise by 147K, signaling strong jobs report, reducing Fed interest rates cut chances in July
Jul 3 US Payrolls rise by 147K, signaling strong jobs report, reducing Fed interest rates cut chances in July
$OPFI $MNDY $JOBY
Mukund Mohan
July 03, 2025
Market
“The US Government removed restrictions on chip design software to China, making it better for $SNPS ( ▲ 1.5% ) and $CDNS ( ▲ 1.3% ) ” 😊 😋
Markets did well in a shortened day
US Payrolls increased by 147K in sharp contrast to yesterday ADP payroll and jobs data, still signaling a strong economy, but a slowing one. With the unemployment rate falling to 4.1% the jobs report gave no clarity to the Fed, which will not likely cut rates in July.
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Today’s video is on Monday.com $MNDY ( ▼ 0.97% ) the project management SaaS.
