From Nasdaq:

U.S. stock index futures signal a losing week, with the S&P 500 and Nasdaq on track for their worst performances in months. Yields on U.S. Treasury notes rose to a three-week high. Expectations of a 25 basis point cut in March dropped to 63.8% after the recent Fed meeting minutes. All eyes are on the official non-farm payrolls report for clues on the Fed’s credit conditions.

Analysts predict U.S. job growth moderated in December, with annual wage increase slowing to below 4%. Early movers such as Tesla, Microsoft, and Apple are already seeing losses before the bell. Eight Chipmakers including Micron Technology and Intel declined. Applied Therapeutics tumbled 26.6% after disappointing trial results and Palantir Technologies lost 3.9% after a downgrade by Jefferies. Investors will also hear remarks by Richmond Fed President Thomas Barkin.

All information provided by Johann M Cherian and Shristi Achar A in Bengaluru.



Read more: US STOCKS-Futures signal downbeat first week of 2024, jobs data in focus