US Stock Market Today: S&P 500 Futures Rise On Cooling Inflation And Steady Hiring

The Morning Bull – US Market Morning Update Monday, Apr, 6 2026

US stock futures are pointing higher this morning, with E mini S&P 500 contracts up about 0.7% and Nasdaq 100 futures up just over 1%, as investors weigh a mix of strong jobs data and signs of cooling inflation. Nonfarm payrolls rose by 178,000 in March while unemployment sits at 4.3% and wage growth is 3.5% year on year, suggesting more people are working but pay pressures are easing. At the same time, the US Services PMI has slipped into contraction at 49.8, hinting that parts of the economy are losing steam. The big question now is whether this combination of steady hiring, softer wage growth and weaker services activity helps or hurts interest rate sensitive areas such as banks, real estate and growth focused tech stocks.

With rate sensitive sectors back in focus, zero in on 67 resilient stocks with low risk scores before the next data release.

Top Movers

• SBA Communications (SBAC) jumped 18.93% after reports it is weighing a potential sale following takeover interest.
• AST SpaceMobile (ASTS) climbed 10.27% alongside renewed attention on SpaceX’s confidential IPO filing.
• Astera Labs (ALAB) rose 10.17% after the company set its Q1 earnings release date for May 5.

Is SBA Communications still a smart investment or just hype? Read our most popular narrative and get all the answers you need.

Top Losers

• Tesla (TSLA) fell 5.42% after Q1 deliveries and energy storage results drew cautious analyst reactions.
• General Electric (GE) slipped 3.94% following a reduced price target from Citi on GE Aerospace.
• Arm Holdings (ARM) declined 3.84%.

For a broader view of stocks showing recent downside pressure with relatively contained risk scores, cross check ideas against the 67 resilient stocks with low risk scores

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

On The Radar

The next few sessions center on a key consumer earnings release and several shareholder meetings that could reshape company priorities.

• Consumer Staples Earnings: Constellation Brands (STZ) reports Q4 results on Wednesday, spotlighting margins and demand for premium beverages.
• Housing Sentiment: Lennar (LEN) holds its Annual General Meeting on Wednesday, with shareholder focus on capital allocation and build pipeline.
• Energy Services: SLB (SLB) hosts its Annual General Meeting on Wednesday, giving investors updates on project priorities and spending discipline.
• Chemicals and Materials: Dow (DOW) holds its Annual General Meeting on Thursday, where discussion may center on costs and portfolio focus.

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Find Tomorrow’s Top Performers

Look past the headlines and focus on quality under pressure while liquidity still feels supportive. Then scan the 58 high quality undervalued stocks that combine solid fundamentals with timely upside potential.

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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.

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