(Bloomberg) -- US stock futures fell as traders braced for jobs data that will be critical in determining the health of the US economy and the size of a Federal Reserve interest rate cut later this month.Most Read from BloombergWorld's Second Tallest Tower Spurs Debate About Who Needs ItThe Plan for the World’s Most Ambitious Skyscraper RenovationThe Outsized Cost of Expanding US RoadsMadrid to Ban E-Scooter Rentals, Following Lead Set in ParisHow Air Conditioning Took Over the American OfficeLi
After a torrent of labor market and business updates all week, the August employment report now acts as the decider, setting the tone for both this month's Federal Reserve meeting and the holy grail of a "soft landing" for the economy. With one exception, advance soundings show a labor market that's indeed slowing. Private sector payroll growth last month came in well below forecast, layoffs are rising and vacancies receding.
A harsh September season and regulatory rumblings have prompted louder invitations to get in on Nvidia.
