Stock market today: Dow, S&P 500, Nasdaq futures nudge up as shaken Wall Street awaits jobs report

Published On Mar 7, 2025, 3:35 AM

US stock futures showed slight gains as investors prepare for a significant jobs report indicating the state of the labor market. The Dow Jones, S&P 500, and Nasdaq futures are up modestly ahead of this report, which is anticipated to reflect improved hiring with the unemployment rate remaining steady. Market uncertainty continues due to ongoing concerns over economic growth and President Trump's unpredictable trade policies, including recent tariff pauses. Additionally, Broadcom's strong revenue forecast points to a positive outlook for AI demand.

Stock Forecasts

AVGO

Positive

Positive sentiment driven by a strong revenue forecast from Broadcom suggests growth in tech stocks, particularly regarding AI technology.

SPY

Positive

Market uncertainty ahead of jobs data could lead to fluctuations, but slight gains in futures indicate cautious optimism. Key reports will influence short-term movements.

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