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Fortune
Fortune
Jason Ma

Dow futures rise as recession fears grow while Wall Street awaits the one thing that could derail Fed rate cuts

(Credit: Michael Nagle—Bloomberg via Getty Images)
  • U.S. stocks are poised to begin the week in positive territory as futures pointed to a rally ahead of another big week. That comes as Friday’s dismal jobs report ratcheted up recession fears while also locking in odds for a rate cut later this month from the Federal Reserve. But if inflation surprises in the coming week, it could cast some doubt on the cut.

Stock futures gained momentum on Sunday evening as investors brace for fresh inflation data and political turmoil overseas that could ripple through the bond market.

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