US Stock Futures Show Positive Momentum Ahead of Jobs Report
Stock futures have rebounded at the start of November, largely driven by a surge in Amazon shares following its strong earnings report. Major indices like the Nasdaq and S&P 500 are poised for a rebound amid optimism surrounding the upbeat performance of big tech companies. Investors are closely watching upcoming jobs data, which is expected to influence market direction. Following the volatile week, futures have slightly pared gains after the October payrolls data was released, but overall sentiment remains positive as the market anticipates further economic indicators. Major movers include Amazon and Intel, with analysts noting a mixed outlook for Apple after its earnings results. The focus now shifts to how these factors will interplay as the stock market opens.
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