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Barchart
Barchart
Oleksandr Pylypenko

S&P Futures Rally After U.S. Jobs Report Released

Jobs Report United States US Federal Reserve BOJ

After sliding earlier in the pre-market trading session, September S&P 500 E-Mini futures (ESU24) are now trending up +0.07% this morning as investors reacted to the highly anticipated U.S. jobs report.

The jobs report showed that the U.S. job market slowed slightly in August, with fewer jobs added than anticipated. Despite this, the unemployment rate decreased. The labor force grew, but the participation rate remained unchanged. This reinforces the expectation that the Fed will lower interest rates this month.

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