Futures Plunge: Nasdaq and S&P 500 Ahead of Key Jobs Data
Friday, 6 September 2024, 03:04
Economic Indicators Weigh on Futures
The upcoming non-farm payrolls data is casting a shadow over market sentiment, prompting a sharp decline in futures for the Nasdaq and S&P 500.
Market Reactions
- Traders are anxious as the pre-market outlook indicates possible negativity.
- Stocks to watch: ABM Indus, Avago Technologies and others are under the spotlight.
Impact on Major Indices
- The Nasdaq futures are experiencing heightened volatility.
- S&P 500 indicators reflect uncertainty, leading to cautious trading strategies.
The markets are primed for potential shifts as data release approaches, with a focus on economic performance and forecasts.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.