Dow Jones Futures Prediction Monday: Index Hits 51,477 as Investors Assess Weak US Jobs Data and Fed Rate Outlook; Check Wall Street Market Outlook, Key Things To Watch
India, Oct. 3 -- Dow Jones futures prediction Monday: Dow futures ended the latest session around 51,477, with investors preparing for the next Wall Street session after a weaker-than-expected US jobs report reduced expectations for another Federal Reserve interest-rate hike in October. The labor-market data, Treasury yields, inflation outlook and geopolitical risks are likely to remain key drivers for stocks when trading resumes.
Dow Jones futures prediction Monday: What Happened?
US stocks ended higher on Friday after the September employment report showed that nonfarm payrolls increased by only 29,000, significantly below the 90,000 increase economists polled by Reuters had expected.
The Dow Jones Industrial Average, S&P 500 and Nas...
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