Mixed Sentiment Ahead of US Jobs Report
US stock futures are trading in mixed territory on Friday morning as investors await the highly anticipated August Nonfarm Payrolls (NFP) report for clues on the Federal Reserve's monetary policy path.
The Dow Jones Industrial Average, S&P 500, and Nasdaq Composite all saw a strong regular session on Thursday, with gains of 1.18%, 1.06%, and 1.4% respectively, marking a second straight day of increases for all three major indices.
However, market sentiment has turned cautious ahead of the NFP report, which is expected to show the economy adding 56,000 jobs with the unemployment rate holding steady at 4.1%.