Markets on Edge Ahead of U.S. Jobs Data; Intel Seeks Apple Investment

Global markets remain in a holding pattern as traders await U.S. employment figures that could reshape risk sentiment. Equity futures showed minimal movement, with the S&P 500 eking out a 0.1% gain while tech-heavy indices flatlined. The looming jobs report threatens to upend current market dynamics across asset classes.

Intel emerged as an after-hours mover, climbing 1.5% following reports of outreach to Apple regarding potential investment. While discussions remain preliminary, the chipmaker's pursuit of Cupertino's backing signals strategic maneuvering in the semiconductor space.

Asian markets presented a mixed picture. Japan's Topix gained 0.2% as export-oriented names benefited from yen weakness, with Sony leading advancers. Banking shares edged higher on BOJ tightening speculation, though tech concerns weighed on the Nikkei. Hong Kong's Hang Seng dipped marginally, while EV newcomer Chery surged 11% in its trading debut.