U.S. stocks are drifting on Wednesday, as Wall Street’s record-breaking rally slows ahead of a highly anticipated report ...

Companies eliminated 33,000 jobs last month, the payroll processor said, marking the first decline since March 2023. Economists surveyed by the Wall Street Journal had forecast 100,000 new jobs.

Despite this impressive performance, the pair sense a lack of investor wow-factor out there, likely due to some remaining pessimists. In our call of the day, Tschosik and Stockton say those bearish ...