The stock market pointed higher Tuesday ahead of a government data revision that economists anticipate will reveal a softening of the U.S. labor market for much of last year, the Associated Press reports.
Futures for the S&P 500 were flat before the bell, while futures for the Dow Jones Industrial Average and Nasdaq each rose 0.1%.
The U.S. government later Tuesday will release preliminary revisions for job growth numbers reported for the 12 months that ended in March 2025. Analysts predict that the Bureau of Labor Statistics will revise job gains for the period down by as much as 900,000.
In other news, shares of Fox Corp. tumbled 4.7% in premarket after Rupert Murdoch’s family said they’ve reached a deal on control of the 94-year-old mogul’s media empire after his death.
