What is driving the S&P 500 today?

Futures are higher after the US added 50,000 jobs in December, below forecasts, while unemployment fell to 4.4% and wages rose 0.3% month over month. The mix cools growth but eases inflation worries, keeping yields steady and pushing the first Fed cut toward mid-year, which supports risk appetite.

How do the US jobs report and Fed rate cut odds affect Indian markets?

Softer hiring with steady wages reduces inflation risks and caps US yields, which supports global equities. For India, that helps IT exporters, steadies INR, and eases funding costs for banks. If S&P 500 today holds gains into the cash session, Nifty sentiment can improve, though earnings will still drive breadth.

What levels matter for S&P 500 today?

Watch the upper Bollinger band near 6,980 as resistance and the middle band around 6,866 as initial support, with the 50-day trend as a secondary floor. A clean break higher with strong breadth can extend gains. Failure near resistance may lead to mean reversion back into the range.

How should I trade around forex factory news events?

Plan entries outside high-impact data windows to reduce whipsaws. Use smaller position sizes and clear stops when trading near releases. Track US payrolls, CPI, and Fed speakers. Align trades with prevailing trend, and avoid averaging down during surprise prints that shift yields, the dollar, or risk sentiment.

Global Market Insights

^GSPC Today, January 10: Soft Jobs Tilt Fed Cuts to Mid-Year; Futures Up

ByHuzaifa Zahoor January 10, 2026January 10, 2026

S&P 500 today is edging higher in futures as a soft US hiring print and steady yields point to a cautious Federal Reserve. December added 50,000 jobs versus 73,000 expected, unemployment fell to 4.4%, and wages rose 0.3% month over month. Futures are firmer while the first Fed cut is now seen around mid-year. For India, this setup supports IT exporters, steadies the rupee, and keeps focus on earnings and inflation. We explain what matters, how ^GSPC momentum looks, and ways to position today.