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JOLTS Exceeds Forecasts, Tech Stocks Soar Amid Bitcoin Dip, Fed Signals Inflation Action

02 Jun 2026, 12:00 - 16:00 (UTC)
1. US JOLTS job openings in April reached 7.618 million, surpassing forecasts and indicating a strong labor market, while Treasury yields pared declines.
2. US stock markets showed significant movements; HPE surged 33%, Marvell rose 24%, and Victoria's Secret jumped 46% after revised outlooks, contrasting with Bitcoin briefly falling below $68,000.
3. Fed officials expressed concerns about persistent high inflation, stating that action might be needed "soon" if inflation trends do not cool, signaling monetary policy uncertainty.
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