S&P Futures Plunge as Key U.S. Jobs Report Looms
Friday, 6 September 2024, 04:17
Market Outlook: U.S. Jobs Report Impact
The U.S. jobs report is a critical indicator for investors. S&P futures have plunged, reflecting the uncertainty in the market. Investors are particularly focused on the Average Hourly Earnings data.
Key Earnings Data to Watch
- August Figures: Expectations are set at +0.3% month-over-month.
- Year-over-Year Analysis: Analysts predict a rise to +3.7%.
- Comparatively, previous figures were +0.2% m/m and +3.6% y/y.
The labor market's performance can significantly influence Federal Reserve policy and market sentiment.
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.