From Bloomberg: Designed to capture the mood of investors in a wild corner of the stock market, Wall Street's new fear gauge is behaving in a decidedly un-volatile way. And that's confusing traders accustomed to fast-changing moves in the world of options.

From Bloomberg: Advertised wages rose 5.3% in May from a year earlier, a marked decline from the peak of 9.3% in January 2022, according to Indeed Hiring Lab's wage tracker.

From Bloomberg: Nonfarm payrolls increased 339,000 last month after an upwardly revised 294,000 advance in April, a Bureau of Labor Statistics report showed Friday, June 2. The unemployment rate rose to 3.7%, while wage growth slowed.

From Bloomberg: Private payrolls increased 278,000 following a revised 291,000 gain in April, according to figures published Thursday, June 1, by the ADP Research Institute in collaboration with Stanford Digital Economy Lab. The median estimate in a Bloomberg survey of economists called for an increase of 170,000.