A couple of big names in the communication services and technology sectors kept two of the three main U.S. equity indexes above water for much of Wednesday's trading session. But price action for the broader market was more ambiguous, with another set of incoming data showing a weakening employment situation ahead of an increasingly fraught Jobs Friday.
Odds the central bank cuts interest rates at the next Fed meeting are up to 95.4%, according to CME Group's FedWatch tool. And the yield on the 2-year U.S. Treasury note is falling – it was down to 3.621% on Wednesday from 3.658% on Tuesday and a post-Liberation Day high of 4.055% on May 14.
