Stock Futures Rise, Oil Drops Ahead of Jobs Report — SkimNews
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- Stock futures rose as oil prices fell sharply, with CNBC's live coverage tracking market positioning ahead of the September U.S. jobs report
- September's U.S. jobs report is expected by CNN, The New York Times, and Reuters to show slowing job growth while the unemployment rate likely holds steady, offering fresh clues on the economy's trajectory
Why it matters: The September payrolls print is the single data point that can reset Federal Reserve rate-cut expectations, and the sharp drop in oil adds a disinflationary tailwind that traders are already pricing in via rising futures.
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