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Stock market today: Nasdaq futures lead markets lower ahead of crucial jobs report

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US Stock Futures

The pivotal August jobs report will provide clues to the size of the Fed's rate cut this month and the health of the economy.

US stock futures pulled back on Friday as investors braced for a crucial jobs report to provide clues to the size of this month's expected interest-rate cut and the resilience of the US economy.as the market assessed incoming economic data for their potential to persuade the Federal Reserve to lower rates by more than 0.25% at its September meeting.have fueled the debate over the chance of a 0.5% cut, but have also raised worries that the US is on the brink of recession.

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