Posted 3/4/2024, 1:41:32 PM
Stocks Seen Flat After Records, Focus Turns to Jobs Data and Fed Testimony
- U.S. stocks set for muted open after recent record highs; jobs data, Powell testimony in focus
- Nasdaq and S&P 500 closed at record highs on Friday; tech rally continues
- Non-farm payrolls, other economic data could impact market outlook if negative
- Traders pare back expectations for pace and depth of Fed rate cuts
- Macy's, crypto-related stocks jump in premarket after upbeat news; Apple down on EU antitrust fine
