Dimitri Otis/DigitalVision via Getty Images
May nonfarm payrolls: +272K vs. 182K expected and 165K prior (revised from +175K). Unemployment rate: 4.0% vs. 3.9% expected and 3.9% prior. Average hourly earnings rose 0.4% in May, accelerating from 0.2% in April and topping the 0.3% consensus. Y/Y, average hourly earnings increased 4.1%, compared with the +3.9% consensus and +4.0% in the prior month (revised from +3.9%). Developing…check back for updates.