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Breaking: Wall St set to open higher after June jobs report eases rate hike bets
By SNF Research · Independent market intelligence from Sunday Night Futures LLC
Jobs data cools rate-hike bets — equities open higher across the board.
June payrolls came in soft enough to shift Fed expectations, pulling Treasury yields lower and lifting risk appetite at the open. SPY is trading $747.40 (+0.22%) and QQQ $727.43 (+0.28%) in live session action. Crypto-linked names are leading early: MARA +1.58% at $13.581, QBTS +1.05% at $23.7478. LCID is lagging, down 0.15% at $6.62.
Watch: SPY $750 as the next clean resistance level intraday. MARA — if momentum holds through the first 30 minutes, $14 becomes the magnet. Any reversal in yields could stall this move fast.