Stock Markets Uptick, AI Sector Dips; Jobs Data, Inflation in Focus

Stock market futures see modest movements, with Dow up slightly, S&P and Nasdaq mostly flat. This follows a positive day on Wednesday, driven by new jobs data. The Dow climbed over 400 points earlier this week, influenced by ADPs unexpected drop in private payrolls, suggesting a higher chance of a rate cut in December. The tech sector, however, faced instability, with Microsoft shares dropping after AI software sales target rumors. Markets await jobs data on Thursday and delayed September spending, income, and inflation data on Friday.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.