US stocks today: Futures pause ahead of January employment data
The Economic Times·2026-02-11 10:49

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 ...