US stocks today: Futures pause ahead of January employment data
The employment report is expected to show an uptick in U.S. job growth despite a sluggish labor market, due to tariff uncertainty and worker constraints amid tighter immigration enforcement. The data could temper expectations for the central bank's rate cuts, with retail sales stalling unexpectedly and raising the probability of an interest-rate reduction in April to 35.5% from the prior day's 32.2%, according to CME Group's FedWatch tool. Markets still price in the first cut to take place in June, when ...