Home›Bonds & Rates›Economy›Stock futures tick higher as July jobs data nears

Stock futures tick higher as July jobs data nears

WSJ Markets says July employment figures are expected to offer clues about the timing and direction of the Fed's next move.

Reported · Written up by our desk · Economy

Stock index futures moved slightly higher as investors looked ahead to July employment data, while oil prices rose, according to WSJ Markets.

The outlet said the upcoming jobs report is likely to shape expectations for the Federal Reserve’s next policy move, with the data seen as a key source of clues for rates.

With the report pending, market participants appeared focused on how the labor numbers could influence the outlook for interest rates and broader financial conditions.

More like this

Sources