US Stock Market LIVE Updates: US stock futures were largely rangebound on Friday, with Dow Jones, Nasdaq Today and S&P 500 contracts marking time as investors braced for two major catalysts — the closely
watched US jobs report and a potential Supreme Court decision on President Donald Trump’s global tariffs.
Markets are entering the session on edge, with the nonfarm payrolls data carrying added significance after earlier disruptions caused by the federal shutdown delayed key labour market signals. Economists expect payroll growth of around 70,000 in December, while the unemployment rate is seen edging lower to 4.5%, according to a Bloomberg survey. The US jobs report is expected to shape expectations for the Federal Reserve’s policy path ahead of its next interest-rate decision later this month.
Alongside the labour data, stock market news is being driven by anticipation around the Supreme Court’s verdict on Trump’s sweeping tariffs. Friday is an opinion day for the court, raising the possibility of clarity on whether the former president overstepped by invoking emergency powers to impose global duties.
All three major indices remain on track for weekly gains, with the S&P 500 up nearly 1%, while the Dow Jones and Nasdaq Composite have added about 1.8% and 1.1%, respectively.
Stay tuned for key live updates as the US trading session unfolds.
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