NASDAQ Futures Rise as Strong Jobs Report Shifts Fed Rate Focus

NASDAQ Futures climbed in early trading after the latest U.S. employment report showed stronger-than-expected job growth. The upward move in futures suggests that investors are adjusting their expectations for interest rates set by the Federal Reserve. The report’s strength has shifted the focus from near-term rate cuts to the possibility that the Federal Reserve may keep rates steady for longer. The response from futures markets highlights how closely economic data influences sentiment across the stock market and risk assets.