Wall Street futures traded higher on Monday after a volatile end to last week, when weaker-than-expected U.S. employment data rattled markets.
The Nasdaq 100 E-mini Futures rose 0.35% to 23,766, while the Dow Jones futures gained 0.14% and S&P 500 futures were up 0.22%.
The August nonfarm payrolls report showed the U.S. added just 22,000 jobs, well below expectations, increasing pressure on the Federal Reserve to consider an interest rate cut at its September policy meeting.
Investor focus now shifts to CPI inflation data due Thursday, with analysts forecasting an uptick from July’s 2.7%. A higher reading could complicate the Fed’s rate decision, heightening uncertainty in equity markets.
Meanwhile, the euro traded 0.10% higher against the dollar at 1.1729 in early trade.
