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Nasdaq, S&P 500 Futures Nervously Flit Around Ahead Of November Payrolls Data: Will Numbers Support Market Expectations For Slower Rate Hikes?

US stocks are on track for a nervous start on Friday as traders look ahead to the November non-farm payrolls report for trading cues. With the Federal Reserve signaling its intention to potentially pivot, each incoming data is likely to trigger volatility in the market.

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Investor Sentiment Drops Ahead Of US Jobs Report

The CNN Money Fear and Greed index showed slight easing in overall market sentiment on Thursday after the Dow Jones relinquished some of the sharp gains recorded on Wednesday. The Dow gained more than 700 points on Wednesday after Federal Reserve Chair Jerome Powell suggested the central bank could begin easing back on its interest rate hikes starting as early as next month.

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