Jobs Report Dents Fed Rate-Cut Odds; No Tariff Ruling (Live Coverage)

The S&P 500 rose slightly despite markets betting against near-term Federal Reserve rate cuts. Markets also have their eye on the Supreme Court, which may announce its ruling on the constitutionality of some Trump tariffs shortly after 10 a.m., which could have big implications for the federal budget deficit, President Trump's spending plans and the 10-year Treasury yield. The Supreme Court only issued one decision today, but not the tariffs ruling.