Summary
Markets are flat this morning. It’s a short week with a half-day of trading tomorrow and markets closed on Thursday for July 4. Two big pieces of economic news today: 1) data shows the labor market is still tight as job openings increased slightly to 8.1 million in May compared to 7.9 million the month before. Meanwhile, layoffs edged a bit higher. 2) Federal Reserve Chairman Jerome Powell says the Fed wants to be sure on inflation before they cut interest rates and they are in no hurry. He sai
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