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Stock Market Today: Stocks steady, Treasury yields nudge higher ahead of jobs report

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Stocks are braced for Friday's crucial jobs report following a series of mixed employment data and a volatile week for Treasury bond yields.

U.S. equity futures were little-changed in early Friday trading, while Treasury yields steadied and the dollar edged higher as investors around the world braced for a crucial September jobs report.

Surging Treasury bond yields, which have added around 55 basis points to benchmark 10-year notes over the past five weeks, have in turn rattled global markets and pushed the S&P 500 into its longest weekly losing streak since May of 2022. In other markets, global oils prices were flat in the overnight session, but largely on pace for another weekly decline and their longest losing streak since March following a the Energy Department's report of a surprise build-up in gasoline stocks earlier this week.

 

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