Futures Are Moving Higher as Oil Cools
Futures Are Moving Higher as Oil Cools
U.S. stock futures are looking stronger, and I’m watching the setup closely. Dow futures were up around 0.6%, S&P 500 futures 0.5%, and Nasdaq futures 0.7% before the open, while oil prices were moving lower.
What caught my attention is how much the market is balancing oil prices, Treasury yields, and the September jobs report. Tech names like and could be interesting if lower yields continue to support growth stocks.
Are you watching the jobs data more closely, or do you think oil prices will have the bigger impact on the market today?
A lot of moving parts here. Jobs data and oil prices could both set the tone for the session.
Good call on watching those tech names, as they usually thrive when yields cool down. I am curious to see if this optimism holds up once the trading session actually starts.
