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Futures tied to the Dow Jones Industrial Average sat near flat Thursday night following the index's worst session in over a year. Investors also awaited key labor data due Friday morning.
The March nonfarm payrolls count likely will indicate hiring continuing at a solid pace, though some weakening foundations of the labor market could take greater focus when the Labor Department releases its key report Friday morning.
TOKYO (AP) — Asian shares mostly rose Thursday after a firm finish on Wall Street, as expectations remained solid for U.S. interest rate cuts this year.
U.S. stock futures inched higher Wednesday night after the Dow Jones Industrial Average registered its third straight losing session.
The 10-year Treasury yield was near flat after briefly reaching a new high for the year on Wednesday.
Private sector job growth expanded in March at its fastest pace since July 2023, indicating continuing buoyance in the U.S. labor market, payrolls processing firm ADP reported Wednesday.
The Dow Jones Industrial Average fell for a second day, continuing Wall Street's lackluster start to the quarter, as bond yields rose and traders lowered expectations that the Federal Reserve would cut interest rates in June.
U.S. stock futures were little changed Tuesday night after the Dow Jones Industrial Average fell for a second day in a rough start to the quarter.