US stock futures hold steady before April nonfarm payrolls report
Updated
Updated · heygotrade.com · May 4
US stock futures hold steady before April nonfarm payrolls report
10 articles · Updated · heygotrade.com · May 4
On Sunday evening in New York, S&P 500 futures rose 0.06%, Dow futures 0.1%, while Nasdaq 100 futures slipped 0.05%.
Friday's jobs data is seen as this week's main macro catalyst after the Fed held rates steady last week and is expected to remain on hold through year-end.
Annual wage growth has cooled to 3.4%, real gains were 0.1%, and investors are also watching earnings from Palantir, AMD, Disney, Uber, CVS and Arm.
As AI drives record profits and layoffs, will Friday's jobs report reveal a hidden economic weakness?
With markets booming and consumers buried in debt, will the jobs report expose a fractured US economy?