The number of new jobs created in June will provide more answers. Here's what to watch on Thursday, when the employment report is released a day early due to the July 4 holiday.

U.S. Plunges Trade Pact With Canada and Mexico Into Doubt

The U.S. declined to extend its signature trade pact with Mexico and Canada on Wednesday, setting up a decadelong review process that casts uncertainty over businesses that move goods across the world's busiest export borders.

The U.S. decision came as no surprise. President Trump has effectively ripped up parts of the U.S.-Mexico-Canada trade agreement that he signed in his first administration, imposing tariffs on a range of goods. He has mused about terminating the agreement altogether.

Trump Pledged No Forever Wars. Now He Risks Forever Talks With Iran.