Market Sentiment Shifts as U.S. Jobs Data Misses.

Financial markets are navigating a complex landscape as risk assets face downward pressure following a series of global economic updates. In this edition of "Your Need to Know," we examine the impact of softer-than-expected U.S. labor data, including the latest ADP private payrolls and a decline in JOLTS job openings. We also cover the recent shift in the energy sector following an announcement by Donald Trump regarding the transfer of 30 to 50 million barrels of crude oil from Venezuela to the U.S., a development that has immediately influenced global supply and pricing. As we look toward the next trading session, we highlight key earnings reports from major players like Constellation Brands, Jefferies Financial, and Applied Digital. Additionally, we prepare for critical economic indicators arriving tomorrow, including nonfarm productivity, unit labor costs, and weekly jobless claims. Stay informed on these moving parts to better understand the current trajectory of the U.S. and global markets.