Before the U.S. stock market on Friday, January 5, as the market waited for the release of the non-farm payrolls report, the three major U.S. stock index futures were lower, and the U.S. Treasury yields edged higher, as the eurozone inflation rebounded in December, and European stocks extended losses.
U.S. stock futures for the three major stock indexes fell and U.S. bonds fell
As of press time, blue-chip Dow futures fell 0.22%, S&P 500 futures fell 0.22%, and technology-dominated Nasdaq 100 futures fell 0.28%.
U.S. Treasury yields broadly rose, with the 10-year yield rising to 4.042% and the 30-year yield rising to 4.190%.
Economists generally expect the labor market to continue to cool slightly tonight, with the composite expectation of new non-farm payrolls coming in at 171,000, down from 199,000 in the previous month, and the unemployment rate at 3.8%, up from 3.7% in the previous month.
Analysts pointed out that the number of new jobs is too high or too low could have a negative impact on the stock market, and Goldman Sachs trader John Flood predicted that the worst-case scenario would be a very strong release and a jump in Treasury yields would hit U.S. stocks. But the figure below 50,000 is also not optimistic and will once again raise fears of a recession.
Media analysis pointed out that tonight's U.S. stocks are likely to end the previous nine-week winning streak, and at the same time, Apple's second downgrade in a week may also put pressure on the broader market.
Eurozone inflation rebounds European stocks fell
European stocks extended their losses, with France's CAC 40 down 1%, Germany's DAX down 0.7% and Britain's FTSE 100 down 0.7%. Preliminary data released by Eurostat on Friday showed that CPI jumped to 2.9% in December from 2.4% in November, slightly below expectations of 3.0% and the first rebound in inflation since April last year.
Oil prices rebounded slightly
In commodity foreign exchange, Brent crude oil rose 0.36% to $77.87 a barrel as of press time.
WTI原油上涨0.61%至72.63美元/桶。
U.S. crude exports surged after Yemen's Houthi rebels began disrupting shipping in the Red Sea. According to the latest data released by the U.S. Energy Information Administration (EIA), U.S. crude oil exports increased by 1.377 million barrels per day to 5.292 million barrels in the week ended December 29, 2023.
(Continuously updated)
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