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US Stocks Rise on Positive Sentiment Ahead of Jobs Data

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US Stocks,Jobs Report,Federal Reserve

US stock indexes opened higher on Monday, boosted by optimism surrounding the upcoming jobs report and potential easing of trade tensions. Markets anticipate crucial economic data later this week, including the December jobs report and minutes from the Federal Reserve's last meeting. Additionally, reports suggest President-elect Trump's tariff plan might be narrower than initially expected, although Trump denied these claims. Meanwhile, crude prices climbed on hopes of increased demand in China.

Investing.com--US stock indexes rose Monday, starting the new week on a positive tone ahead of the release crucial jobs data later next week.

This could help markets further gauge the Fed’s interest rate outlook, where it has signaled fewer rate cuts this year in the face of sticky inflation, and a resilient economy.is due on Friday, and is expected to show that the US economy added 154,000 jobs in December, while the unemployment rate is expected to hold steady at 4.2%.will return 11%, rising to 6500 by year-end. Earnings growth will be the main driver of returns,” Goldman Sachs analyst said in a recent note.

However, Trump rebutted this report in a post on social media, saying his plan for “universal” tariffs as high as 10%-20% won;t be pared back.Crude prices rose Monday, with traders awaiting the release of key US economic data later in the week. Crude prices reported two straight weeks of gains on hopes of improving demand in China, especially as Beijing prepares to unlock more stimulus measures in the coming months.Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors.

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