Nasdaq 100 Futures Surge 1.04% While S&P 500 Rises 0.51%

US equity futures rally as July non-farm payrolls drop 23k and unemployment hits 4.1%. Fed rate hike expectations dim amid mixed labor data signals.

Woofun AI reports that Nasdaq 100 futures climbed 1.04%, S&P 500 futures rose 0.51%, and Dow Jones futures gained 0.34%. U.S. Bureau of Labor Statistics data released Friday indicated July non-farm employment fell by 23,000, with prior months revised downward significantly. The unemployment rate declined to 4.1% while labor force participation continued to drop, potentially prompting the Federal Reserve to delay rate hikes as policymakers balance inflation pressures against employment risks.