Dow jones futures edged 0

Dow Jones futures edged 0.22% higher in premarket trading today as investors digested fresh labor market data. Analysts note that stronger job creation could pressure Fed policy, potentially slowing rate cuts and impacting equity momentum in cyclical sectors. “The biggest FINANCIAL MARKET impact from a shutdown is the suspension of government-released economic data,” he stated. This “data blackout” could have tangible consequences quickly; for instance, the critical September unemployment and payroll report, due Friday, Oct. 3, would not be released if the government is closed. Please note: Some US government economic data will not be released today due to the federal shutdown. Dow Jones futures softened 0.11% amid investor rotation into defensive sectors. Analysts suggest that utilities and healthcare may offer relative safety as macro data remains mixed.