US Stocks Rise on Positive Sentiment Ahead of Jobs Data

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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