Wall Street Futures Slip as Strong Jobs Data Clouds Rate Outlook
U.S. stock futures traded cautiously on Tuesday as investors digested a delayed November jobs report that showed stronger-than-expected payroll growth but a simultaneous uptick in the unemployment rate. The mixed signals left markets wavering, with traders weighing the implications for Federal Reserve policy heading into 2026. Market Snapshot Dow Jones Industrial Average futures fell about 72 points, or 0.2%. S&P 500 futures slipped 0.3%. Nasdaq futures dropped 0.4%, reflecting continued weakness in technology shares. Jobs Report Impact The employment data revealed that hiring remained resilient, beating consensus forecasts. However, the unemployment rate edged higher, suggesting that while demand for labor persists, cracks are appearing in the broader job market. This dual outcome complicates the Federal Reserve’s path: stronger payrolls argue against aggressive rate cuts, while rising unemployment underscores risks to economic momentum. Sector Pressure Technolog...
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