Stocks Muted Ahead of Jobs Data; House Debates Trump's Tax Bill | Bloomberg Brief 7/3/2025

Maria Sandu

US equity futures edge slightly higher before the US Payrolls Data jobs report, which is expected to show a slowdown in hiring. The House of Representatives debate President Trump's "big, beautiful bill" ahead of the final vote as Republicans look to get the legislation passed before July 4th. Ella Hoxha of Newton Investment Management says that bond yields are trading in a soft landing narrative. Steven Ricchiuto of Mizuho Securities says there is no doubt that growth has slowed and the tax