Mixed US Stock Futures Ahead of Crucial Jobs Report, Bitcoin Surges
The US stock indices futures were mixed in pre-market trading on Friday (September 4) ET. Nasdaq 100 futures rose by 0.47%, while S&P 500 futures gained 0.07%. Dow 30 futures fell by 0.10%.
Federal Reserve officials' dovish signals have prompted the market to reassess the likelihood of a September rate hike, leading investors to remain cautious ahead of the upcoming US non-farm payrolls report.
In commodities, gold (XAUUSD) touched near $4,500/oz at one point, while silver (XAGUSD) broke above $67/oz. The signals from Federal Reserve Governor Christopher Waller cooling rate-hike expectations pushed US Treasury yields lower and boosted precious metal prices.