Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
The US non-farm data will be released tonight, and the US stock market may fluctuate significantly due to it

The US non-farm data will be released tonight, and the US stock market may fluctuate significantly due to it

CointimeCointime2025/07/03 05:36
By:Cointime

a simulated exercise by JPMorgan's trading department showed that if the employment data released on Thursday is similar to the weak trend in the earlier ADP report, the US stock market is likely to experience a significant sell-off. JPMorgan has set market reactions for different scenarios: addition of 85,000-105,000 jobs: the S&P 500 index may fall by 0.25%-1.5%; below 85,000 jobs: the S&P 500 index may plummet by 2%-3%; the report warned: "In the worst case scenario, the market will face stagflation (weak economic growth accompanied by high inflation) risks, at which point both fiscal and monetary policies may be powerless." The report specifically pointed out: "As long as non-farm payrolls are above 100,000, the stock market will still receive support." Of course, employment data has also shown better-than-expected performance in the past, and this may happen again. JPMorgan predicts: addition of 125,000-145,000 jobs: the S&P 500 index may rise by 0.75%-1.25%; exceeding 145,000 jobs: the S&P 500 index may see an increase of 1%-1.5%. 

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

New spot margin trading pair — ES/USDT!

Bitget Announcement2025/07/24 05:56

SLPUSDT now launched for futures trading and trading bots

Bitget Announcement2025/07/23 11:57