Stock market futures remained relatively stable on Thursday evening as investors awaited the release of the May jobs report, a crucial indicator of the US economy’s health. S&P 500 futures showed little change, while Dow Jones Industrial Average futures edged up by 0.1%, and Nasdaq 100 futures slipped by 0.1%. Economists predict the report will show job growth of 125,000, a slowdown from the previous month but not enough to trigger widespread recession concerns. Recent economic data has highlighted a potential slowdown, raising questions about the impact of ongoing tariff negotiations and the Federal Reserve’s next steps. Seema Shah, Chief Global Strategist at Principal Asset Management, noted that businesses are likely to retain workers despite trade uncertainties, reducing the urgency for Fed intervention. Meanwhile, major indexes have posted modest weekly gains, with the S&P 500 and Dow up by 0.5% and 0.1%, respectively, while the Nasdaq Composite rose nearly 1%.
— new from CNBC
