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

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 25 sec. here
  • 8 min. at publisher
  • 📊 Quality Score:
  • News: 34%
  • Publisher: 63%

Gamestop Nyheter

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".

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 47. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

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.
Källa: YahooFinanceCA - 🏆 47. / 63 Läs mer »

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.
Källa: YahooFinanceCA - 🏆 47. / 63 Läs mer »

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.
Källa: YahooFinanceCA - 🏆 47. / 63 Läs mer »