US stock futures steadied Monday night as Wall Street looked to regain its footing following a tech-led slide ahead of a pivotal earnings report from Nvidia, and the release of government shutdown-delayed labor data later in the week. Futures tied to the Dow Jones Industrial Average (YM=F), the S&P 500 (ES=F), and the Nasdaq 100…
By Laura Matthews, Lewis Krauskopf and Davide Barbuscia NEW YORK (Reuters) -Wall Street is preparing for disruption to economic data if a looming U.S. government shutdown goes ahead, which could cause investors to rely more on alternative data or take on more defensive positions as they anticipate volatility in asset prices. The U.S. Labor Department…
US stocks reversed course on Friday as investors took in a softer-than-expected jobs report, with imminent interest-rate cuts seen as certain after this week’s run of weak labor data. The S&P 500 (^GSPC) fell 0.3%, backing off the all-time closing high hit on Thursday, while the Dow Jones Industrial Average (^DJI) lost 0.5%. The tech-heavy…