From Investing.com: 2025-02-07 00:04:00

Yesterday’s market saw sideways trading until a significant downdraft at 2 PM, reversed by a $2.3 billion buy imbalance at close. The VIX 1-day index closed at 15.70, implying a 1% move in the S&P 500 today. FX and rates markets will offer insight post-jobs report, with the 2-10 spread flattening at 30 basis points. The 10-year yield may drop below 4.40% with a weak report. NFIB’s jobs report shows compensation changes rose to 33%. S&P Global’s PMI report indicates strong job creation. TradingView now offers BTIC Total Return Index futures. Overnight repo activity for equities dropped to $132.3 billion.



Read more at Investing.com: S&P 500: Bond Market’s Reaction Will Hold Clues on Index’s Post-NFP Move