US Stock Futures Remain Cautious Before Payroll Data Revision

Reported about 9 hours ago

U.S. stock index futures showed little movement on Tuesday after major indexes reached near-record highs, with investors awaiting a crucial employment data revision. The Bureau of Labor Statistics is set to release a preliminary nonfarm payroll estimate, and economists warn that employment levels could be cut by up to one million jobs. Amidst concerns over the labor market, traders have largely priced in a potential interest rate cut, while inflation reports this week will also influence investor sentiment. Notable premarket gains were seen in stocks such as Nebius and Teck Resources following significant corporate developments.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis