S&P 500 and Dow Jones futures rise after strong jobs data, CPI in focus

Economic Data - US stock index futures rose modestly following a stronger-than-expected labor market report, with payroll growth of 130,000 and a decline in the unemployment rate to 4.3% from 4.4% [1][1] - The probability of the Federal Reserve holding interest rates steady increased to nearly 40% from 24.8% a day earlier, although at least one rate reduction is still anticipated in June [1][1] Corporate Earnings - Corporate earnings are a key driver of stock movements, with companies like Restaurant Brands, Birkenstock, Howmet Aerospace, and Exelon reporting results [1][1] - Software stocks faced continued pressure, with AppLovin shares dropping 5.6% and Cisco Systems falling 8% in premarket trading due to disappointing guidance [1][1] Trade Policy and Geopolitical Developments - Reports suggest that the US and China may extend their trade truce for up to a year, with a meeting between Presidents Trump and Xi Jinping expected in early April [1][1] - The US House of Representatives voted to disapprove tariffs on Canada, indicating a shift in trade policy [1][1] - Applied Materials shares slipped 1% following a $252 million settlement related to illegal exports of chipmaking equipment to China [1][1]