“This is good news for the economy, but bad news for those looking to cut interest rates in July,” wrote Matt Maley, chief market strategist at Miller Tabak+ Co. “Therefore, it is not surprising that stock index futures did not rise significantly.”

“This is good news for the economy, but bad news for those looking to cut interest rates in July,” wrote Matt Maley, chief market strategist at Miller Tabak+ Co. “Therefore, it is not surprising that stock index futures did not rise significantly.”