✉news BusinessMarkets first seen 20 h ago, last 11 h ago, peak #1
Stock futures rise as weak jobs data cools Fed bets
Original: U.S. stock futures tick higher as soft jobs data eases Fed hike bets
U.S. stock futures ticked higher after softer-than-expected jobs data, which traders read as reducing the likelihood of further interest rate hikes from the Federal Reserve. Investors have been sensitive to labor market prints as they gauge how long the Fed will keep policy restrictive, and weaker hiring numbers are being taken as a positive sign for equities and rate expectations.
Why now: The jobs report just dropped and is shifting expectations for Federal Reserve interest rate policy, moving markets.
Federal ReserveU.S. stock market
Rank over time, top of the chart is #1. 6 snapshots from 20 h ago to 11 h ago.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/1049741