Stock futures are flat as investors grapple with higher yields, await Fed minutes: Live updates
Stocks are coming off a week defined by surging Treasury yields and a surprisingly weak jobs report that helped ease concerns about another Fed rate hike.
Stocks are coming off a week marked by surging Treasury yields and a surprisingly weak US jobs report. This report helped ease concerns about another Fed rate hike.
The weak jobs report, which was also accompanied by downward revisions of early jobs growth according to ABC News AU, boosted Wall Street stocks after a turbulent week.
The ASX is expected to maintain its momentum, with futures trading pointing to a gain on opening. ABC News AU reported a 0.3% expected gain, following Friday's 0.8% rally.
Brief written by urgent.news from CNBC, CNBC World, ABC News AU — 3 reports on this story. Machine-written — may contain errors; check the original before relying on it.
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