What is the dow futures ? Contracts ticked upward slightly
What is the Dow futures? Contracts ticked upward slightly after a stable overnight futures market, with investors reassessing portfolios ahead of key employment figures. The consensus leans towards moderate job growth. On Tuesday evening, hours before the government shutdown, Russell Vought , the Director of the Office of Management and Budget, instructed the leaders of various federal agencies to begin preparations for an “orderly shutdown,” while noting that the duration is “difficult to predict.” This time around, the market is likely to focus on the length of the shutdown since a prolonged closure could delay key economic data ahead of the Federal Reserve's meeting in late October. The Labor Department said Friday it will shut down virtually all activity, meaning the September nonfarm payrolls report would not be released at the end of the week. What is the Dow futures? In early electronic trading, futures rose on optimism over easing supply chain constraints. Economists predict that industrial production growth will sustain the trend if export data improves.
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