 This comes ahead of Friday's closely watched non-farm payrolls report for June. Investors are hoping that signs of weakness in the labor market will encourage the Fed to slash interest rates. And Paramount Global stock popping over 7% after the Wall Street Journal reported it had reached a preliminary deal to combine with Skydance Media. The agreement would see Skydance buy National Amusements, which is Paramount's controlling shareholders, and then merge it with Paramount.