US futures rise ahead of key US jobs data: Stock market news today

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Investors are waiting for the release of the monthly US jobs report that could sway the Fed on whether to hold or hike interest rates.

Stocks were poised for a higher open on Friday, as Wall Street got ready for the release of the monthly US jobs report that could sway the Federal Reserve's thinking on whether to hold or hike interest rates.in the labor market, as forecast, after a week where employment readings painted a mixed picture. That would give the Fed more evidence that the labor market is weakening, making a stronger case for a pause in its hiking campaign.if inflation and the jobs market cool.

'Bond King' Bill Gross warns mortgage rate surge will hammer homebuilding – and may herald an economic downturn

 

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