Markets Rise Ahead of Crunch Jobs Data. Nasdaq Futures Up after Tech Selloff.
Market Intelligence Analysis
AI-PoweredMarkets are cautiously rising ahead of the crucial jobs report, with investors hesitant to make significant moves. The S&P 500 and Nasdaq 100 futures are showing slight gains, while the Dow managed to pick up some gains on Thursday. The tech sector is experiencing a selloff, with investors ditching Big Tech stocks.
Market impact analysis based on neutral sentiment with 70% confidence.
Article Context
Stocks were edging up Friday, with investors seemingly unwilling to make any major moves ahead of a crucial jobs report that could decide the Federal Reserve’s next move. Contracts tied to the S&P 500 were up 01%, while the tech-heavy Nasdaq 100 were also unchanged. The Dow managed to pick up some gains on Thursday, but the S&P traded flat and the Nasdaq dropped as investors carried on ditching the all-star Big Tech stocks that have powered most of the market’s gains in recent years.
Analysis and insights provided by AnalystMarkets AI.