US Futures Surge Ahead of Strong Jobs Report

Reported 3 months ago

US stock futures rose on Friday as investors reacted to a robust monthly jobs report indicating a healthy job market, with 254,000 jobs added in September and an unemployment rate decrease to 4.1%. This report shifted market expectations toward a smaller interest rate cut from the Federal Reserve next month. Despite ongoing concerns from geopolitical tensions in the Middle East, stock indices showed resilience with S&P 500 futures up 0.5% and Nasdaq 100 futures gaining 0.7%.

Source: YAHOO

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