U.K. election and jobs data — 5 things to know today


Hello friends and Fortune readers.

Wall Street stock futures are mixed to higher this morning, as investors digest the latest monthly employment report, which showed job growth rebounded in April.

In other news, southern fast-food chain Bojangles looks to become the latest popular restaurant IPO, following in the footsteps of burger chain Shake Shack [fortune-stock symbol=”SHAK”], sandwich shop Potbelly [fortune-stock symbol=”PBPB”] and others.

Today’s must read story is by Fortune‘s Chris Matthews and it looks at how a strong monthly employment report could actually weigh down the stock market.

Here’s what else you need to know about:

1. Britain’s Conservatives have won a surprisingly clear victory.

The pro-business but anti-E.U. Conservatives have secured a slim majority in parliament after a last-minute surge that even Nate Silver failed to see coming. U.K. financial markets have reacted enthusiastically, but the prospect of a referendum on E.U. membership within 18 months (as…

View original post 297 more words


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s