Private employers slashed 2.7 million jobs in May as the coronavirus-induced lockdown devastated the U.S. economy and labor market. Violent protests also prompted ride-sharing apps to temporarily halt services in New York City. Keep reading for a look at the top headlines in the financial world on June 3, 2020. Sign up below for the "Fox Business Breaking News Alerts" newsletter for the latest headlines.
U.S. equity markets were on track for a fourth straight day of gains Wednesday as the riots and looting that gripped America over the past week showed signs of abating and investors received better-than-expected news on the jobs front.