Stock Futures Slip As Weak U.S. Data Worries Investors.

U.S. stock futures fell after the S&P 500 recorded its third straight losing day. Investors reacted to new economic data that raised concerns about the strength of the U.S. economy.S&P 500 futures were down 0.2%, Nasdaq 100 futures fell 0.3%, and Dow futures dropped about 79 points.

The U.S. Labor Department released updated jobs data for October and November after delays caused by a government shutdown. The report showed the U.S. economy lost 105,000 jobs in October, and the unemployment rate rose to 4.6%, the highest since 2021. November was slightly better, with 64,000 jobs added, beating expectations.

Despite the mixed data, markets reacted negatively. On Tuesday, the S&P 500 fell 0.2% and the Dow dropped 302 points, marking three straight days of losses.

Energy Stocks Under Pressure

Energy stocks also declined as U.S. oil prices fell to their lowest level since 2021 due to concerns about oversupply. Shares of Exxon Mobil and Chevron dropped around 2%. Market experts say slowing economic growth is making investors cautious. Some suggest reducing stock exposure and adding safer investments like bonds.

What Investors Are Watching Next
Traders are now waiting for comments from Federal Reserve officials and Thursday’s release of the November inflation report, which could influence interest rate decisions.

Other Market Updates

Lennar shares fell about 4% after issuing weak guidance despite strong revenue.Medline increased its IPO size to $6.2 billion, making it the largest U.S. IPO this year.