Market Moving Insight and Analysis join Jim Kramer, David Faber, and me, Carl Cantonia, on the opening bell hour of CNBC Squawk on the Street.

Good Thursday morning. Welcome to Squawk on the Street. I'm David Faber. He is still Jim Kramer, and we are live from

Postland at the New York Stock Exchange. Carl has the morning off. Let's give you a look at stocks, of course. We're closing early today. 1 p.m. close. That's ahead, of course, to the 4th of July holiday weekend. Bond markets will close an hour after that. And there you see. We are headed for a slightly higher open, of course, coming off of those

jobs numbers. And that's where our roadmap begins this morning. Futures are getting a lift on

better than expected June jobs, non-farm payrolls up 147,000, and the unemployment rate falling

at 4.1%. Plus, we are waiting for that final vote on President Trump's so-called big, beautiful bill expected

to pass.

That's right, pass sometime today.

And we also have cooling trade tensions.

The US is lifting chips, software curves.

That's good deal.

Yeah, design software specifically.

Talking synopsis, cadence design.

We'll get into some of the names that are getting a boost in the early going here as a result of that.

Let's start, though, with the marker reaction to this morning's jobs report and your reaction to it.

Well, look, I'm looking at the true social last night.

Too late should resign immediately.

That's a reference to Jay Powell.

You're talking about President Trump's most recent posts on social media,

where he just continues his relentless assault on the Fed chairman, urging him to lower rates.

True.

But when you saw this, you might have think, ooh, the president has insight about the number. And it turns out that he didn't. And this was a strong number.

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