Stock futures little changed as September jobs report looms
Major US stock averages are heading toward a losing week as rising yields keep pressure on equities ahead of the jobs report.
Written by EGazette’s AI. The facts are drawn from cited sources; the analysis is the AI’s own.
US stock futures were little changed as investors awaited the September jobs report, with the major averages on track for a losing week amid renewed pressure from rising bond yields.
Yields weigh on stocks
A recent move higher in yields has kept stocks under pressure, contributing to the market's subdued tone heading into the closely watched employment data.
Jobs report in focus
Investors are looking to the upcoming jobs report for signals on the health of the labor market, which could influence expectations for monetary policy in the months ahead.
Trading is expected to remain sensitive to incoming economic data as the week draws to a close.
Sources
EGazette summarizes reporting from multiple sources; follow the links for the originals.
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