Future Hold Ahead Of Jobs Data

U.S. stock index futures were flat on Friday as investors awaited jobs data and changes to Federal Reserve policy. Mega-cap tech stocks rallied, Congress voted to extend the debt ceiling, and positive jobs information pointed to an economic recovery. Jeffrey Halley, senior market analyst at OANDA, said, “All roads lead to non-farm payrolls data which will decide, in the market’s minds, whether the start of the Fed taper is a done deal for December.” Stocks gaining early on Friday included Apple ($AAPL@US), Alphabet ($GOOGL@US), Amazon ($AMZN@US), Tesla ($TSLA@US), Chevron ($CVX@US), and Exxon Mobil ($XOM@US). Additionally, Dow e-minis rose 45 points, S&P 500 e-minis ticked up 3.25 points and NASDAQ 100 e-minis slipped 0.02%.