Nasdaq 100 Futures Rise 1% as Jobs Data Sparks Fed Rate Hike Speculation

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Nasdaq 100 perpetual futures rose 1.04%, S&P 500 futures climbed 0.51%, and Dow Jones futures gained 0.34%. The U.S. Bureau of Labor Statistics reported a 23,000 decline in nonfarm payrolls for July, with the unemployment rate falling to 4.1%. The data may delay the Federal Reserve’s rate hike decision as policymakers weigh inflation and employment risks. The futures market remains sensitive to evolving economic signals.

Odaily Planet Daily report: According to MSX.COM data, the Dow Jones Index futures rose 0.34%, the S&P 500 Index futures rose 0.51%, and the Nasdaq 100 Index futures rose 1.04%.

Data released by the U.S. Bureau of Labor Statistics on Friday showed that non-farm payroll employment decreased by 23,000 in July, with job figures for the previous two months also significantly revised downward. The unemployment rate fell to 4.1%, while the labor force participation rate continued to decline—a development that may prompt the Federal Reserve to delay rate hikes, as policymakers weigh inflationary pressures against employment risks.

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