"U.S. Stock Futures Dip as Market Braces for Jobs Data Amid Fed Uncertainty"

1 min read
Source: Yahoo Finance
"U.S. Stock Futures Dip as Market Braces for Jobs Data Amid Fed Uncertainty"
Photo: Yahoo Finance
TL;DR Summary

U.S. stock futures declined as investors awaited the December jobs report, which could influence Federal Reserve rate decisions. The market's recent rally has been challenged by uncertainty over the Fed's next moves, with some investors reducing expectations for a March rate cut. The jobs data will be crucial in assessing whether the Fed has achieved a "soft landing" for the economy. Meanwhile, bond yields rose and Apple's stock faced pressure after supplier Foxconn predicted a revenue drop and analysts downgraded the tech giant.

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