Weekend Update 6/7/2026
Weekend Update recaps market highlights and major news from Ursa’s portfolio. Not on Ursa yet? Download Ursa from the App Store!
Hot, hot #LaborMarkets have #RateHikes back on the table…
Hot jobs. #LaborMarkets were strong in May with non farm payrolls surging to 172K and unemployment stable at 4.3%. However, it likely forces the Fed to refocus on #Inflation instead with #RateHikes expectations on the rise again.
AI rollercoaster. #AI buildout names started the week higher still buzzing from last week and after Google dips into stock sales to keep funding the party. However, a hot jobs report has #RateHikes on the rise as sunk most of the high flying names.
Hike fears return. #RateHikes fears return as hot #LaborMarkets has investors betting the Fed refocusing on #Inflation. The S&P 500 ends the week down -2.6%.
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