US markets hold steady: Wall Street edges up ahead of US jobs data; Fed rate cut bets rise amid hiring concerns

US stocks edged higher as investors awaited crucial employment data, with labor market softness fueling expectations of a potential rate cut by the Federal Reserve later in the year. Procter & Gamble announced job cuts, while Five Below surged after strong earnings. PVH Corp. faced tariff-related pressures, impacting its profit outlook.