CME Group Inc.

06/04/2026 | Press release | Distributed by Public on 06/04/2026 10:22

Tech stocks slide as markets brace for critical jobs data.

Bob Iaccino breaks down the morning's mixed U.S. economic data and its impact on the markets. He discusses the technology sector's decline, driven by disappointing Broadcom earnings, and the resulting pre-market pressure on other major tech stocks. Iaccino highlights dropping U.S. Treasury yields, which are providing a boost to precious metals, while crude oil and the U.S. dollar weaken. He also covers insights from the recent Beige Book and previews the highly anticipated May non-farm payrolls report and upcoming corporate earnings.
CME Group Inc. published this content on June 04, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on June 04, 2026 at 16:22 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]