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US stocks set to bounce back after tech-induced sell-off, but much depends on January jobs report

US stocks set to bounce back after tech-induced sell-off, but much depends on January jobs report

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US stocks look set to bounce back after Thursday’s tech-induced sell-off, boosted by a jump in Amazon.com and Snap shares in premarket trading following earnings reports after the market close, but much will depend on the US January non-farm payrolls report due at 8.30am. Futures for the Dow Jones Industrial Average edged  0.1% higher on Friday, while those for the S&P 500 index rose 0.5%, and contracts for the tech-laden Nasdaq-100 added 1.1%.

...read full article on Proactive Investors

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