Stock market today: US futures edge up in countdown to jobs data
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US stock futures are slightly higher ahead of the release of the monthly jobs report. Dow Jones Industrial Average futures are up 0.2%, S&P 500 futures are up 0.3%, and Nasdaq 100 futures are up 0.3%. The stock market experienced a slump on Thursday due to surging oil prices and concerns about inflation. The monthly jobs report is expected to show signs of cooling in the labor market after two months of robust job gains. Investors are also monitoring tensions in the Middle East and the impact of immigration on the US labor market. PepsiCo stock is performing well, and Jefferies has raised its price target on Netflix shares. Uber's stock is also expected to rise due to its expanded mobility offerings. Nvidia's stock performance is being closely watched as it may impact the broader market.
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