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Global Stocks Tread Water as Investors Await U.S. Jobs and Manufacturing Data

Upcoming ISM, ADP and nonfarm payroll figures will shape Federal Reserve decisions.

Overview

  • Global equities traded quietly Wednesday ahead of the release of key ISM, ADP and nonfarm payroll data that investors view as pivotal for Fed policy.
  • Negotiations to avert U.S. import tariffs remain underway with partners before President Trump’s July 9 deadline.
  • The Senate-approved budget bill now heads to the House amid CBO projections of a more than $3 trillion rise in public debt by 2034.
  • French artificial heart maker Carmat remains in judicial recovery after entering cessation of payments and suspending its stock on June 30.
  • Euronext has formally expressed interest in acquiring the operator of the Athens Stock Exchange to broaden its pan-European footprint.