Stocks and ETFs modestly up after US jobs report for June shows unchanged unemployment rate at 4.1% and 6.8 million unemployed; traders predict September rate cut. Top pre-market performers include TSLA, SAP, NXPI, and TSM. ETFs rallying post-inflation data are BULZ, FNGG, and GLD.
Direxion Daily Select Large Caps & FANGs Bull 2X Shares (NYSE: FNGG) popped almost 5% after the market opened Friday, but a move higher was hampered by the general market, which may be in need of consolidation because the S&P 500 has soared 5% over the last three trading days.