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May jobs report shatters expectations

Yahoo Finance’s Alexis Christoforous, Rick NewmanJared Blikre, and Liz Ann Sonders of Charles Schwab discuss the big stories of the day. 

Some of today’s topics include:

  • Unemployment falls to 3.8%
  • Big Lots and Abercrombie & Fitch report quarterly earnings
  • US applies tariffs to Europe, Mexico & Canada
  • Deutsche Bank CEO tries to reassure employees after credit downgrade
  • Google blames vandalism for linking California GOP to Nazism
  • Apple gearing up for developers conference
  • Walmart unveils personal shopping service
  • Facebook nearing original content deal with Fox News, CNN: Rpt
  • Auto sales expected to decline for May: Rpt