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BTCC / BTCC Square / Global Cryptocurrency /
Stock Futures Rise Ahead of August Jobs Report as Tech and AI Hopes Buoy Markets

Stock Futures Rise Ahead of August Jobs Report as Tech and AI Hopes Buoy Markets

Author:
Global Cryptocurrency
Published:
2025-09-05 13:12:02
13
1
BTCCSquare news:

US stock futures edged higher Friday as investors awaited the August jobs report, with the S&P 500 and Nasdaq leading gains. Broadcom's bullish outlook and a chipmaking deal with OpenAI fueled AI sector optimism, while Tesla shares climbed on news of Elon Musk's proposed performance-linked compensation.

Market sentiment leans heavily toward a September Fed rate cut, with traders pricing in near-certainty after softening labor data. The jobs report is expected to show just 75,000 new positions and a 4.3% unemployment rate—potential confirmation of cooling conditions that Fed Chair Powell recently called "curious."

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