09.09.202512:56:38UTC+00US Futures Edge Up, Jobs Revision Awaited

US stock futures experienced a slight uptick on Tuesday, with futures for the three major indices each rising approximately 0.1%. This movement reflects investor anticipation of a Federal Reserve interest rate reduction expected next week. Additionally, market participants are closely monitoring the Bureau of Labor Statistics' preliminary revision of employment figures for the year ending in March. A downward revision is anticipated by many analysts, suggesting a more pronounced slowdown in the labor market and increasing expectations for rate cuts, potentially as much as a 50 basis point reduction next week. This week, inflation will also be under scrutiny as Consumer Price Index (CPI) and Producer Price Index (PPI) reports are scheduled for release. In the corporate sector, Apple shares remained relatively stable ahead of its major product launch, while Amazon's shares were largely unchanged. Other technology stocks demonstrated upward momentum in premarket trading, with Nvidia increasing by 0.4%, Microsoft by 0.5%, Meta by 0.5%, Broadcom by 0.9%, Alphabet by 0.1%, and Tesla by 0.6%.