investingLive Americas FX news wrap 2 Jun: Markets randomly walk through the flow of news

Markets saw mixed moves as a stronger-than-expected April JOLTS report (7.62m openings) and hawkish central bank comments kept rate risk elevated. Bitcoin slid about 6.0% to $67,033, weighing on crypto-linked names and helping pull down some large caps. US stocks finished slightly higher overall (Dow +0.45%, S&P +0.13%, Nasdaq flat) but with wide dispersion: Cisco, Caterpillar, Apple and IBM were notable winners while Nike, Microsoft, Salesforce and Alphabet fell. Alphabet’s surprise $80bn equity raise (including $10bn to Berkshire) sparked selling in big tech and highlighted heavy AI-related spending and prior debt issuance. US yields ticked slightly lower on the day; crude oil traded around $93.40 amid Middle East uncertainty. ECB and Fed officials signalled readiness to act if inflation risks persist, reducing near-term expectations for rate cuts. Overall tone: risk-off for crypto and some tech names, mixed-to-cautious across equities and FX as markets weigh policy and geopolitical risks.