Non-Farm Payrolls Preview: Fed Rate Cut Becoming Certain, Adding Uncertainty to US Stock Market

Last week, the US stock market fluctuated, with the latest employment report showing weaker-than-expected performance, making Wall Street more convinced that the Fed will cut rates this month. However, the non-farm payrolls have also raised concerns about the economic outlook, leading to volatility in the market during the closing hours. In the upcoming week, the US will release the final price index before the interest rate meeting, which could impact future policy expectations and therefore affect risk appetite, especially crucial for the tech sector.