Stock futures are little changed after sluggish start to October: Live updates

Published On Oct 6, 2024, 6:03 PM

Stock futures are showing little change as Wall Street attempts to maintain the momentum from last Friday's rally. The major stock indices had minor weekly gains, aided by a robust jobs report that supports the possibility of a 'soft landing' for the U.S. economy. Key economic releases are expected this week, including Federal Reserve meeting minutes and the consumer price index report. Investors are also monitoring geopolitical tensions, particularly in the Middle East, as well as the upcoming earnings reports from major companies.

Stock Forecasts

Given the positive job reports and ongoing market trends, the overall sentiment may push the stock prices higher in the short term, especially with upcoming earnings Season beginning.

The upcoming geopolitical and economic events could contribute to market volatility, which might negatively impact specific sectors like travel and finance depending on earnings outcomes.

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