US Stock Futures Trade Mixed as Investors await Key US Labor Market Data

U.S. stock futures remained largely unchanged on Wednesday, following Tuesday’s record-setting session on Wall Street, as investors turned their focus toward an upcoming series of labor market reports expected to offer crucial insights into the state of the U.S. economy.

As of 4:23 P.M. (GMT+7), Dow Jones Industrial Average futures ticked up by 0.10%, or 51.00 points, to 49,513.10 points, while S&P 500 futures slipped by 0.17%, or 11.50 points, to 6,933.30 points. Nasdaq 100 futures also decreased marginally by 0.36%, or 93.00 points, to 25,546.70 points.

Tuesday’s session saw major U.S. indices rally further into all-time highs, with the Dow breaking through the 49,000 mark for the first time, posting back-to-back record closes. The S&P 500 also ended at a historic peak and is now approaching the 7,000 level. Investors appeared to shrug off geopolitical jitters after the U.S. undertook military action in Venezuela over the weekend.

The market’s attention is now pivoting towards a series of economic reports, as the U.S. data calendar resumes its normal schedule following recent interruptions. Among fresh readings, S&P Global’s final services PMI revealed the U.S. services sector expanded in December at its slowest pace in eight months.

Labor market indicators will come into sharper focus on Wednesday, with investors awaiting the ADP National Employment Report, which provides a monthly snapshot of private sector job gains.

Previous ADP data showed job creation nearly stalled late in 2025, but consensus forecasts now point to a modest uptick. Also due is the November Job Openings and Labor Turnover Survey (JOLTS), which details vacancies as well as quits and layoffs.

These midweek releases build toward Friday’s December payrolls report, considered a key gauge for financial markets as investors look for evidence that U.S. economic cooling could influence Federal Reserve policy adjustments in the coming months.

In the technology sector, attention remains fixed on CES 2026. The annual electronics trade show continues to generate debate, with technology leaders making ambitious pronouncements that are being measured against Wall Street’s own expectations.

Nvidia is in the spotlight, as analyst sentiment is split between seeing the AI chip giant at the peak of a speculative bubble or at the threshold of another major growth phase.