Stock market today: Dow, S&P 500, Nasdaq futures slide amid fresh jobs data as defense stocks rebound

Group 1: Market Overview - US stock futures declined, with Nasdaq 100 futures down 0.2%, S&P 500 futures also down 0.2%, and Dow Jones Industrial Average futures falling 0.4%, indicating a retreat from all-time highs [1] - Markets are exhibiting caution ahead of labor market updates, with the latest job cuts report showing planned layoffs at their lowest level since 2025 [3][4] Group 2: Defense Sector - Defense stocks are rebounding in premarket trading after President Trump announced a desire to increase military spending by 50% to $1.5 trillion annually, with Northrop Grumman and Lockheed Martin both gaining around 8% [2] - Trump's threats to block share buybacks and dividends for defense companies unless they invest in weapons operations contributed to previous declines in defense stocks [2] Group 3: Geopolitical Factors - The US strategy regarding Venezuela and Greenland is under scrutiny, with Trump suggesting that the US could oversee Venezuela and control its oil revenue for an extended period [5] - Investors are also monitoring a potential Supreme Court decision regarding the legality of tariffs imposed during Trump's administration, with an opinion day scheduled for Friday [5]