Wall Street traded lower on the final session of the month, heading for its third consecutive monthly loss as economic data began reflecting the impact of Trump tariffs.U.S.GDP shrank by 0.3% in the last quarter, marking the first economic contraction since 2022 and missing forecasts for a 0.4% expansion.
The ADP National Employment Report showed private employers added just 62,000 jobs in April—the weakest gain in nine months and well below the expected 108,000.
Bond markets were steady, with the 10-year Treasury yield hovering at 4.17%.Gold dipped 0.3% to $3,330 per ounce, while the U.S.dollar index (DXY) strengthened by the same margin.
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