Stock market today: US futures slip with focus on jobs report, wait for Mideast moves
Published On Oct 3, 2024, 7:00 AM
U.S. stock futures fell as investors focused on upcoming economic indicators, particularly the jobs report, amid ongoing concerns surrounding the Middle East conflict. Notably, S&P 500 futures dropped 0.3%, and concerns about high oil prices were exacerbated by these geopolitical tensions. The labor market appears to be loosening, which may impact upcoming Federal Reserve interest rate decisions. Companies like Levi Strauss and Tesla have experienced significant drops in stock prices due to disappointing financial results.