Stock market today: US futures mark time ahead of pivotal jobs report

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Labor Market,Nvidia,Unemployment Rate

Investors are looking to the monthly jobs report for signs of labor market cooldown pivotal to the odds for a rate cut.

US stocks traded broadly flat on Friday ahead of a monthly jobs report pivotal to hopes for interest-rate cuts, as investors eyed a surge in GameStop shares and a coming Nvidia stock split. S&P 500 and Dow Jones Industrial Average futures hugged the flatline, coming off a lackluster session Thursday for the three major gauges. Contracts on the tech-heavy Nasdaq 100 were also little changed.

The key question will be whether slowing monthly job growth is merely a sign of normalization in the labor market or the early signs of a broader economic slowdown, as Yahoo Finance's Josh Schafer reports. That debate will likely feed into the Fed's deliberations at its policy meeting next week. Read more: How does the labor market affect inflation? The wait is also on for a livestream apparently promised by GameStop booster Keith Gill, aka "Roaring Kitty".

 

آپ کے تبصرے کا شکریہ۔ آپ کا تبصرہ جائزہ لینے کے بعد شائع کیا جائے گا۔
ہم نے اس خبر کا خلاصہ کیا ہے تاکہ آپ اسے جلدی سے پڑھ سکیں۔ اگر آپ خبر میں دلچسپی رکھتے ہیں تو آپ مکمل متن یہاں پڑھ سکتے ہیں۔ مزید پڑھ:

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Stock market today: Stocks steady as investors await Nvidia earningsInvestors biding their time for Nvidia results looked to retail earnings and Fedspeak for clues to the economy.
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Stock market today: Nasdaq slips after record as investors await Nvidia earningsInvestors biding their time for Nvidia results looked to retail earnings and Fedspeak for clues to the economy.
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Stock market today: US futures tip lower as investors look for inspirationStocks have lost their bounce after a growing chorus of Federal Reserve officials made it clear that interest rates will need to stay higher for longer.
ذریعہ: YahooFinanceCA - 🏆 47. / 63 مزید پڑھ »