US equities (^GSPC, ^DJI, ^IXIC) are moving a little higher on Monday morning as the market continues to digest cooling jobs data in April and the Federal Reserve's interest rate hold. In addition, while the Chinese market has lagged behind the US, it has shown signs of bouncing back.

Yahoo Finance Senior Markets Reporter Jared Blikre joins The Morning Brief to break down the movements in the markets and what investors need to keep in mind for the trading day on May 6.

For more expert insight and the latest market action, click here to watch this full episode of Morning Brief.

This post was written by Nicholas Jacobino