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US markets set to rise with Nasdaq leading ahead of July payrolls data release

Market News
07 Aug 2026
Proactive Investors
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Bullish
US markets set to rise with Nasdaq leading ahead of July payrolls data release

US stock markets are expected to open higher, led by a 0.5% gain in Nasdaq futures, as investors await July's non-farm payrolls data. The data is forecasted to show 80,000 jobs added, up from 57,000 in June, which could influence Federal Reserve rate decisions amid ongoing inflation concerns. Despite a recent dip in the Dow due to rising oil prices and Treasury yields, corporate earnings have been strong, with about 85% of companies beating expectations. Airbnb notably reported strong Q2 results and raised its full-year guidance, boosting its stock in pre-market trading.

More News (ABNB)

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