Posted 10/6/2023, 11:12:31 AM
Stocks Set to Rise Ahead of Key Jobs Report That Could Influence Fed Policy
- Stock futures rise ahead of US jobs report, seen as key for Fed policy direction
- Dow, S&P 500, and Nasdaq futures all point to a higher open
- Investors hope jobs data will show cooling labor market, strengthening case for Fed rate pause
- Fed's Mary Daly hints central bank may hold rates if inflation and jobs cool
- Bond yields steady after recent sharp rise; oil prices set for big weekly decline on demand worries