Stocks Fluctuate as Investors Await US Jobs Report Amid Concerns Over Prolonged Rate Hikes
- US stocks have seesawed amid investor caution ahead of the monthly jobs report, which could influence the Fed's future rate hike plans.
- Unexpectedly resilient US labor market data has raised concerns that aggressive Fed tightening could continue for longer.
- Major indices in Europe rebounded after recent declines driven by rising bond yields and weak economic indicators.
- Crucial employment indicators this week are expected to provide insight into inflation and monetary policy.
- Key stocks to watch include Intel, Meta, Orange, Novartis, and Pandora following earnings reports and outlooks.