** NFP Report: 139,000 jobs in May **

Positive news - The US labor market added 139,000 nonfarm payrolls in May, ** surpassing ** economists' expectations of 126,000.

The unemployment rate held steady at 4.2%. While revisions to previous months' figures suggest some softening, the labor market remains resilient.

Average hourly earnings rose 0.4% month-over-month and 3.9% year-over-year, exceeding forecasts.

** Financial Market Analysis: **

The surprisingly strong wage growth and job additions eased concerns about a significant labor market slowdown, despite earlier signals like a weaker ADP report and rising unemployment claims.

This positive sentiment boosted stock markets, with futures for the Dow Jones, S&P 500, and Nasdaq 100 all rising after the report's release.

However, robust wage data could heighten inflationary pressure, potentially influencing future Federal Reserve actions regarding interest rates.

Overall, the report suggests ongoing economic resilience, albeit with some nuances.