US stocks are set to open higher after a soft September jobs report showed hiring slowed sharply and unemployment ticked up, easing worries about another rate hike and pulling yiel
US stocks are set to open higher after a soft September jobs report showed hiring slowed sharply and unemployment ticked up, easing worries about another rate hike and pulling yields back from recent highs. Tech is leading the charge, with semiconductors and AI-linked names like CoreWeave and NetApp rallying on analyst support, while consumer discretionary and utilities climbed alongside the broader market. The dollar sits at a 17-month high as a global bond rout pressures Europe, and geopolitical pressure on Iran plus oil supply discussions remain in the background.
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