Stocks (^GSPC) starting the day lower as the May employment report is fueling speculation the Federal Reserve will now move soon to raise interest rates.
The Labor Department says 280,000 jobs were created, the best month of growth in 2015. Yahoo Finance Columnist Rick Newman also sees a positive in the unemployment rate ticking up to 5.5%, noting that suggests more of those who had dropped out of the labor force are now actively pursuing work once again.
No deal between Vodafone and Liberty Global
Here's a look at some of the stocks the Yahoo Finance team will be tracking for you today.
Vodafone (VOD) and Liberty Global (LBTYA) shares are on the move in early trading. The British telecom giant and the U.S. media firm said they held talks to exchange some of their assets in Europe, but are not considering a merger, putting an end to speculation.
Cardinal Health (CAH) shares are lower in early trading. The health care provider is buying privately held generic drug distributor Harvard Drug Group for $1.1 billion in cash and debt. Cardinal Health expects the deal to boost its fiscal 2016 earnings by more than $0.15 a share.
Diamond Foods (DMND) shares are higher this morning. The snacks and nuts company slightly raised its outlook for the year after it swung to a profit in its fiscal third quarter, topping analysts' forecasts. However, revenue came in short of estimates with sales down 2.5% from a year earlier.
Cybersecurity firms FireEye (FEYE) and CyberArk Software(CYBR) shares are gaining ground this morning. FBI agents are investigating a major data breach in which over 4 million personal records were stolen. The hack occurred at the Office of Personnel Management, an agency that conducts more than 90% of federal background checks. Investigators reportedly suspect that hackers in China are responsible for the attack.
GE considers leaving Connecticut over taxes
General Electric (GE) is considering moving from its Connecticut headquarters after the state legislature approved a budget that would increase some business taxes. GE CEO Jeff Immelt is reportedly preparing a team to evaluate a move to another state.