U.S. employment data exceeds expectations; Strategy raises fundraising target to $84 billion

Gate.io News bot message, according to QCP analysis, the non-farm payroll data released by the U.S. last Friday showed an increase of 177,000 jobs, higher than the expected 133,000, and the unemployment rate remained at 4.2%. Economists pointed out that the effects of tariffs have not yet fully manifested.

The S&P 500 index has risen for ten consecutive days and has basically recovered to the level seen after the decline following "May Day". The market predicts that the Federal Reserve will keep interest rates unchanged this week.

Although Strategy set a record quarterly loss, it has decided to raise its fundraising target to $84 billion to strengthen its long-term Bitcoin layout. Spot Bitcoin ETFs continue to see net inflows, and institutional investment demand remains stable.

Source: wublock123