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Glonghui, June 5th ｜ Kiwoom Securities analyst Han Ji-young stated on Friday that due to Broadcom's performance failing to meet the expectations of some investors, traders have been taking profits following the recent strong rally in US tech stocks. After a significant rise in prices, South Korean chip stocks are currently taking a breather. "The recent market pullback is not driven by fundamental factors such as company earnings. Instead, it appears to be a period of consolidation after the rapid market surge."

Jin Rongxun stated in a media interview that, given the contributions of suppliers, subcontractors, and employees to enterprise growth, companies like Samsung Electronics, which have exceeded profit targets, should consider sharing the excess earnings with them after deducting taxes. He said that the Korean government, enterprises, labor unions, and suppliers should engage in open dialogue about how to share such "excess profits" and how to narrow the gap between large conglomerates and small suppliers.

On June 5, following two months of strong growth, U.S. employment growth in May is expected to slow down, but still aligns with the stable conditions of the labor market. Economists anticipate that the highly anticipated employment report from the Labor Department, to be released on Friday, will confirm that while conflicts in the Middle East have driven up oil prices and fueled inflation, they have yet to have a substantial impact on the job market. They noted that fiscal stimulus measures, reflected in tax refunds and tariff rebates, have boosted corporate profits, allowing companies to avoid large-scale layoffs. A Reuters survey shows that economists expect non-farm payrolls to increase by 85,000 in May, following an increase of 115,000 in April, with estimates ranging from 50,000 to 125,000. The expected growth in May remains above the average monthly level of 76,000 so far this year. Economists also believe that there is limited room for significant revisions to historical employment data following updates to the 'birth-death' model used by the U.S. Bureau of Labor Statistics to estimate employment changes due to business openings or closures.