US stock index futures surge following the release of non-farm payrolls data

iconChainthink
Share
AI summary iconSummary
Futures market activity surged sharply following the release of the latest non-farm payrolls data on August 7. Nasdaq futures rose 0.79%, S&P 500 index futures climbed 0.39%, and Dow futures increased 0.27%. Perpetual futures saw strong participation as Treasury prices rose, with the 10-year yield falling 4.29 basis points to 4.627%. The dollar weakened against the yen, dropping 80 pips to 157.72.

ChainThink reports that on August 7, market data showed that U.S. stock index futures surged rapidly after the release of the non-farm payrolls data.

Nasdaq futures rose 0.79% intraday, S&P 500 futures increased 0.39%, and Dow futures gained 0.27%. U.S. Treasury prices rose in tandem, with the 10-year U.S. Treasury yield falling 4.29 basis points to 4.627%.

Non-US currencies generally rose, with the USD/JPY falling 80 pips to 157.72.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.