US Jobs Jump 115K, Smashing Estimates; Unemployment Rate Unchanged At 4.3%

Explosives Found Near Key Serbia-Hungary Pipeline Transporting Russian Gas Serbian President Aleksandar Vucic informed Hungarian Prime Minister Viktor Orban by phone on Sunday that explosives were discovered near a key pipeline carrying Russian gas from Serbia to Hungary. "Our units found high-powered explosives and detonators," Vucic wrote on Instagram after briefing Orban on the military and police investigations. via EPA During a site visit on Sunday, Vucic told journalists the explosives were located in the autonomous Vojvodina province in northern Serbia, near the Hungarian border. The device was reportedly found near the main...

PJM Targets 15 Gigawatts Of New Power To Feed Data Center Boom PJM Interconnection, operator of the largest power grid in the United States spanning 13 states and serving more than 65 million people, has launched an emergency proposal to secure 15 gigawatts of new electricity supply, according to Bloomberg. The move aims squarely at the surging AI data center demand, which has pushed the regional grid to its limits. The plan calls for bilateral negotiations to pair proposed data centers with new power plants. PJM will begin gauging interest from developers and generators...

Stock Futures Flat As S&P Closes Out Best Quarter In 6 Years US index futures erased an earlier gain following some belligerent Iran headlines, but are still set to end a quarter that is set to be the S&P 500’s best in six years with markets behaving as though period-end dynamics have now completed. As of 8:30am, the S&P 500 was flat, pointing to a calm finish for the index that has surged 14% since the beginning of April. Nasdaq futures rose 0.1% erasing a sizable gain earlier, but on pace...