Stock market today: Dow, S&P 500, Nasdaq futures fall entering shortened week ahead of jobs report

Contracts linked to the Dow Jones Industrial Average (YM=F) fell 0.5%, portion S&P 500 (ES=F) and Nasdaq 100 futures (NQ=F) slid 0.4%

Stocks closed retired Friday connected a sour note, with each 3 large indexes posting steep losses. The Dow (^DJI) plunged astir 800 points, portion the S&P 500 (^GSPC) sank to its lowest level successful months, marking a 5th consecutive play decline.

The latest downturn has pushed the Dow into correction territory, joining the Nasdaq, arsenic marketplace sentiment deteriorates. Ongoing instability from the US-Israeli warfare with Iran, present entering its 2nd month, person dampened hopes for a swift resolution. Investors are watching for Trump to perchance instrumentality to the TACO playbook, characterized by issuing conflicting statements and lone being driven by what moves the market.

"Magnificent Seven" companies, antecedently AI-focused banal darlings, wiped retired $850 cardinal from the banal marketplace implicit the past week, led downward by Meta (META) and Google (GOOG) losing a landmark suit implicit the companies responsibilities successful curbing societal media addiction.

Attention this week is dialed successful to results from a fig of labour marketplace indicators, including the Job Openings and Labor Turnover Survey (JOLTS) and the ADP backstage payrolls report. The March jobs study is besides due, adjacent arsenic markets volition beryllium closed Friday for the Good Friday holiday, with this study taking connected heightened value arsenic investors question equilibrium aft the January-February whipsaw successful occupation numbers.

On the firm front, net from Nike (NKE) whitethorn supply penetration into user trends portion USA Rare Earth (USAR) and Trilogy Metals (TMQ) volition connection a wellness cheque connected the minerals industry.