"Stock market futures cautious as rally stalls and jobs data looms"

1 min read
Source: Yahoo Finance
"Stock market futures cautious as rally stalls and jobs data looms"
Photo: Yahoo Finance
TL;DR Summary

US stock futures were mixed as investors awaited labor market data for clues on interest rates. Dow Jones futures fell, while S&P 500 futures were flat, and Nasdaq 100 futures indicated a rebound for tech stocks. The Bank of Japan's potential end to its negative interest-rate regime and speculation of a market pause after November's rally added caution. Oil prices also regained ground after hitting a five-month low. Investors will closely watch the weekly jobless claims data and the monthly US jobs report for insights into inflation and interest-rate expectations ahead of the Federal Reserve's upcoming meeting.

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