Seven OPEC+ members approved a 188,000-barrel-per-day increase for July, a move analysts call largely symbolic while Gulf exports remain blocked

The bank now expects the Fed's next two cuts to come in June and December 2027, after May jobs growth cleared forecasts by a wide margin

Leisure and hospitality posted the largest gain, with 70,000 new positions. Financial activities was a notable weak spot

The four-week moving average also rose, but continuing claims fell and the insured unemployment rate held steady at 1.2%

Gains spanned both employer size and region, and nine of the 10 industries ADP monitors showed growth