Stock futures drift sideways ahead of jobs data

Stock futures traded sideways Wednesday evening as investors awaited more data on the labor market’s recovery, which will serve as crucial information in determining the path forward for the monetary policies underpinning risk assets over the past year.

Contracts on the S&P 500 were little changed as the overnight session kicked off. Nasdaq futures also hovered near the flat line, after the index set an all-time high during Wednesday’s regular trading day.

The indexes’ latest march to record…


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