US June payrolls forecast up, unemployment holds at 4.3%

Economists expect the U.S. June non‑farm payroll increase to be about 110,000 jobs, with the unemployment rate remaining at 4.3% and average hourly earnings rising 0.3%. Analysts say the labor market appears near balance, with neither strong demand nor wage pressure suggesting overheating, keeping the Federal Reserve under pressure to consider tighter policy.

Nike (NKE) is slated to report earnings on Tuesday, after Evercore downgraded the stock to "In‑Line" and analysts debated its valuation amid mixed execution and limited pipeline innovation. Meanwhile, hostilities around Iran escalated again; the United States struck Iranian communications and air‑defense facilities following an attack on a tanker in the Strait of Hormuz, causing prediction‑market odds for normal traffic through the strait to fall sharply. The Trump administration is also preparing to restore access to Anthropic’s AI models, and several consumer companies—including Mondelez, Comcast, Bristol‑Myers Squibb and Sysco—are set for upcoming ex‑dividend dates.