US Stock Market Today S&P 500 Futures Climb As Traders Weigh Cooling Jobs Data

The Morning Bull – US Market Morning Update Friday, May, 8 2026

US stock futures are pointing higher this morning, with E-mini S&P 500 contracts up about 0.4% and Nasdaq 100 futures ahead by roughly 0.6%, as investors balance two big forces. First, the April US jobs preview points to 62,000 new positions, unemployment at 4.3% and wage growth of 0.3% for the month, suggesting the job market is cooling but still holding up. Second, Brent oil above US$100 and a US 10 year yield near 4.39% highlight worries that energy costs could keep everyday prices firm. The key question now is whether this mix of slower hiring and pricier oil makes interest rate sensitive sectors like technology and real estate look more attractive than energy related stocks or banks tied closely to bond yields.

With rates, tech and energy all in focus this morning, tighten up your watchlist using the 72 resilient stocks with low risk scores.

Top Movers

• Datadog (DDOG) jumped 31.33% after strong Q1 results and multiple analyst upgrades and price target hikes.
• Fortinet (FTNT) climbed 20.03% as Q1 earnings and a long list of price target increases drew attention.
• MACOM Technology Solutions Holdings (MTSI) gained 11.19% on better than expected Q2 results and higher analyst price targets.

Is MACOM Technology Solutions Holdings still a smart investment or just hype? Read our most popular narrative and get all the answers you need.

Top Losers

• Insmed (INSM) dropped 23.55% after Q1 results showing a net loss of US$163.56 million.
• Zoetis (ZTS) fell 21.50% after Q1 earnings and commentary suggesting results were worse than they initially appear.
• Futu Holdings (FUTU) declined 13.76%.

Look past the noise – uncover the top narrative that explains what truly matters for Insmed’s long-term success.

On The Radar

Global inflation updates and US housing data line up with a fresh round of company earnings and central bank commentary.

• US Labor Market Preview: The April non farm payrolls preview today anchors views on growth, wages and rate sensitivity.
• Fidelity National Information Services (FIS): Q1 results today pre market spotlight transaction volumes and profitability in financial technology services.
• China Inflation Data: April CPI and PPI on Monday will frame demand and pricing power for global exporters and commodities.
• US Existing Home Sales: Monday’s April figures and MoM print highlight how higher mortgage costs are affecting housing activity.
• Bank of Japan and ECB Speeches: Monday’s BoJ opinions and Sunday’s ECB Cipollone remarks guide expectations for global rate paths.

Use our Portfolio or Watchlist features to track market-moving events like these and get alerts for the companies you own, free!

Build Your Perfect Portfolio

Go beyond headline moves and focus on resilience while it still feels overlooked. Our screener has already surfaced solid balance sheet and fundamentals stocks screener (44 results) built to handle tougher conditions and stay in the game.

Ready to take control of your next move? Our stock screener helps you run custom searches that fit your style, and set timely alerts so you never miss a potential opportunity.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com