World Market News of the 5 January with FXOpen #btcnews #usajobs #nasdaq #sp500 #dowjones
STOCK FUTURES LITTLE CHANGED AHEAD OF JOBS REPORT
Stock futures were mixed on Thursday evening ahead of a key jobs report with Wall Street trying to shake off a sluggish start in tied to the Dow Jones Industrial Average ticked up 21 points, or about %. S&P 500 futures gained %, and Nasdaq 100 futures slipped %.The moves come after the S&P 500 and Nasdaq Composite declined for their fourth and fifth straight negative session, respectively, on Thursday. The Dow closed marginally higher on the day but is still down for the week.
Source: CNBC
DECEMBER JOBS REPORT EXPECTED TO SHOW HIRING SLOWDOWN, DECLINING WAGE GAINS
The December jobs report is set for release Friday morning and is expected to show more signs of a cooling labor market to finish monthly labor report from the Bureau of Labor Statistics is expected to show nonfarm payrolls rose by 175,000 in December while the unemployment rate ticked up to 3.8% from the previous month, according to consensus estimates compiled by Bloomberg. In November, the US economy added 199,000 jobs while unemployment unexpectedly fell to 3.7%.
Source: Yahoo Finance
BITCOIN REBOUNDS ABOVE $44K AS SPOT BTC ETF APPROVAL LOOKS INCREASINGLY LIKELY
BTC recovered almost all losses from Wednesday’s flash crash amid reports that a spot ETF approval could be imminent.A survey showed only 39% of financial advisors expected an bitcoin ETF approval this year but 88% would be interested in buying BTC after could switch focus to ether once the bitcoin ETF approved, Matrixport’s Marcus Thielen : Coindesk
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