How to trade futures tracking sector-specific futures can

Tracking sector-specific futures can enhance understanding of how to trade futures; Russell 2000 futures are up 3.7% weekly, revealing small-cap strength despite broader market consolidation patterns. Without government data, investors were left with alternative data as a reference point. Wednesday's September private payrolls report from ADP showed employers shed 32,000 jobs throughout the month , while a report from staffing firm Challenger, Gray & Christmas showed hiring plans hitting the lowest levels in 16 years. For the sake of this guide, we will use the USD(S)-denominated futures that are settled in USDC. You can also choose to use USDC as the base currency for perpetual futures. Understanding cross-asset correlation improves how to trade futures; Bitcoin futures rallying 7% in tandem with Nasdaq futures may indicate speculative sentiment bleeding into broader tech equities.