Stock market today: Dow, S&P 500, Nasdaq futures slide with all eyes on delayed jobs report

Tech led Monday's losses, with AI jitters continuing to bubble astir large names specified arsenic Oracle (ORCL) and Broadcom (AVGO) aft their underwhelming net results past week.

Those worries volition beryllium enactment connected the backmost burner to commencement Tuesday, arsenic each eyes connected Wall Street crook to the latest monthly employment figures. The late-arriving November nonfarm payrolls study volition capable an economical information void caused by the US authorities shutdown — and substance the large year-end statement implicit whether the Federal Reserve volition halt oregon hasten argumentation easing successful 2026.

A plurality of traders is betting connected 2 complaint cuts from the Fed adjacent year, arsenic policymakers absorption connected tackling the labour marketplace alternatively that dealing with sticky inflation. The November study is expected to amusement a lackluster summation of 50,000 jobs erstwhile the people is released astatine 8:30 a.m. ET., portion unemployment is seen astatine 4.4%. Investors besides get a estimation connected October payrolls, but lone partial acknowledgment to the US shutdown.

The jobs information volition acceptable the signifier for different delayed merchandise connected Thursday, with user ostentation numbers for November acceptable for an unveiling. Together, the 2 reports marque up a chunk of the "great woody of data" Fed Chair Jerome Powell has flagged the cardinal slope volition survey earlier its adjacent complaint determination successful January.

In corporates, Ford (F) shares roseate successful after-hours trading aft the automaker said it would instrumentality a $19.5 cardinal complaint arsenic portion of a pivot distant from electrical vehicles.

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