U.S. Stock Futures Rise Ahead of February Jobs Report, Powell Remarks
U.S. Stock Futures Rise Ahead of February Jobs Report, Powell Remarks

U.S. Stock Futures Rise Ahead of February Jobs Report, Powell Remarks

News summary

U.S. stock index futures rose slightly on Friday as investors awaited the February jobs report and comments from Federal Reserve Chair Jerome Powell amidst ongoing tariff uncertainties. The Dow, S&P 500, and Nasdaq futures showed gains of around 0.1% to 0.4% following a volatile week, where major indices faced significant sell-offs. The jobs report is expected to show an increase of approximately 170,000 jobs and a steady unemployment rate of 4%, which could influence market sentiment about economic stability. Broadcom experienced a notable 10% rise after better-than-expected quarterly results, while other tech stocks faced mixed performance. Investors are also cautious about potential impacts of recent tariff adjustments on the economy, which have contributed to market volatility. Overall, the upcoming jobs data and Powell's speech are anticipated to provide critical insights into the labor market and future Federal Reserve actions.

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