Futures Positive Ahead of Jobs Data

Markets are continuing to move higher ahead of the latest US jobs data,  as positive corporate earnings continue to roll in. The Treasury 10-year yield has held around 1.2% while the dollar has slipped against several major peers.

Many stocks are at or near record highs, yet traders are keeping watch on the fast spreading delta strain, which is prompting new mobility curbs and a rally in sovereign debt. Whether or not to pull back on stimulus is a continued debate, particularly as data released Wednesday showed persistent hiring obstacles despite improvements in the economy. Vice Chair Richard Clarida stated yesterday that the Fed is on track for a liftoff in interest rates in 2023.

Tune in to hear what's moving Thursday's markets and where to trade to end up in green.