US stock futures rise ahead of jobs data

aawsat.com (Arabic)

US stock futures rose slightly Friday as investors awaited the crucial jobs report that could signal the Federal Reserve's next interest-rate move, with strong tech forecasts boosting sentiment. Atlassian jumped 31.6% and Microchip Technology rose 8.9% in premarket trading after forecasting quarterly revenue above estimates. The S&P 500 and Dow are poised for their best week since April, while Nasdaq heads for its biggest weekly gain since May. The Labor Department is expected to report 80,000 jobs added in July, up from 57,000 in June. Traders are nearly split on whether the Fed will hold or raise rates in September.


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