US stock futures slipped as investors braced for Thursday’s release of the June jobs report.
Futures attached to the Dow Jones Industrial Average (YM=F), the benchmark S&P 500 (ES=F), and the tech-heavy Nasdaq 100 (NQ=F) edged lower 0.1%.
Stocks fell during the day on Wednesday as the chip sector slumped. Investors also assessed comments on the state of inflation from Fed Chairman Kevin Warsh and signs that US-Iran talks may be hitting yet another rough patch.
The June jobs report is set to land on Thursday at 8:30 a.m. ET. Investors will scrutinize the data for clues about the Fed’s next move on interest rates. Economists surveyed by Bloomberg expect the figures to show the unemployment rate remaining flat, but any signs of resilience in the labor market may raise expectations for a rate hike this year.
