Futures rise as Amazon earnings lift sentiment ahead of jobs data

Nov 1 - U.S. stock futures rose on Friday, buoyed by strong Amazon results offsetting the previous session's tech selloff, with investors awaiting nonfarm payrolls data for insights on the Federal Reserve's key policy rate trajectory.

Nonfarm payrolls data, due before markets open, is now in focus. Economists polled by Reuters estimated that the economy added 113,000 jobs in October. However, analysts said labor strikes and hurricanes could skew the month's data. Treasury yields have risen to nearly four-month highs in recent weeks, pressuring equities, as traders speculate that the central bank will adopt a less dovish stance.

" US October Jobs Report and Election Date pose significant risks to both sides of current rates outlook, we think the Fed is more likely to change its forward guidance than its rate decision next week in case of data political surprises," analysts at Danske Bank wrote. Intel , jumped 5.3% after a better-than-expected revenue forecast, lifting other chip stocks, with Nvidia , rising 1.6%.

México Últimas Noticias, México Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Kitco News: A Deep Dive into the World of FinanceLearn about Kitco News, a reliable source for market news and analysis covering commodities, cryptocurrencies, mining, metals, and more. Discover their commitment to accuracy, objectivity, and in-depth reporting.
Fuente: KitcoNewsNOW - 🏆 13. / 78 Leer más »

Kitco NEWS: Jim Wyckoff - Experienced Market Analyst Joins the TeamKitco NEWS welcomes seasoned market analyst Jim Wyckoff to its team. With over 25 years of experience in the stock, financial, and commodity markets, Wyckoff brings a wealth of knowledge and insights to Kitco's readers.
Fuente: KitcoNewsNOW - 🏆 13. / 78 Leer más »

Crypto Market Reporter for Kitco CryptoJordan is a Crypto Market Reporter for Kitco Crypto. Coming from a background in Psychology and Human Behavior, he began to focus his attention on the cryptocurrency space in early 2017 after noticing the rapid growth of this emerging market.
Fuente: KitcoNewsNOW - 🏆 13. / 78 Leer más »